The TMC, in a statement, said that it would remain absent on the first two days of the Budget Session in protest against demonetisation, which was implemented without taking Parliament into confidence, and restrictions on withdrawal limits from bank accounts which are still in force.
Previously, TMC cited Saraswati Puja as a reason for not attending the Parliament on the Budget day.
"Trinamool will not attend Parliament on February 1 because of Saraswati Puja which is a big day in Bengal," party leader and MP Derek O'Brien said.
He said that on Saraswati Puja, there is a custom of keeping away from work and not even touching the tools.
"Saraswati Puja is beyond a religious festival. It is a socio-cultural festival of Bengal," he added.
Budget will be presented by Finance Minister Arun Jaitley on Wednesday.
TMC also skipped an all-party meeting convened by Lok Sabha Speaker Sumitra Mahajan ahead of the Budget session of Parliament.
The Trinamool Congress (TMC), which has been vocal against demonetisation, on Monday decided not to attend the pre-budget all-party meet called by the Centre as West Bengal Chief Minister Mamata Banerjee has directed all party MPs to attend a meeting at her Kalighat residence in Kolkata. Mamata had earlier questioned the February 1 date for the Union Budget.
When asked if his party was "boycotting" these proceedings or just skipping, he replied, "It is open for your interpretation".
Trinamool Congress has been angry over the arrest of its two MPs Sudip Bandyopadhyay and Tapas Pal by CBI in connection with the Rose Valley Group chit fund scam.
Dubbing the government's demonetisation drive as 'calamity' for the Indian economy, the Congress on Tuesday backed the decision of the Trinamool Congress (TMC) to boycott the first two days of the Budget Session of Parliament and said that such protests would continue until the BJP-led Centre comes up with a proper clarification on the decision to demonetise high-denomination currency notes.