The Constitution refers to the budget as Annual Financial Statement. The first stage in the enactment of budget is the presentation. In presenting the budget, the Government is represented by the Finance Minister. The budget is presented to the Lok Sabha by the Finance Minister on the last working day of February. But since 2017 , the presentation of budget has been advanced to 1 st day of February. The Finance Minister presents the budget with a speech known as 'Budget Speech'. At the end of the speech in Lok Sabha, the budget is presented to Rajya Sabha which can only discuss it.