BJP parliamentary party executive committee meeting will also be held in the evening later that day.
The first session of the 17th Lok Sabha will be convened from June 17 to July 26 during which the Union Budget will be presented by the new government on July 5.
The government will table an "important bill" to bring reforms in Labour Laws during the upcoming session of Parliament. A total of 44 old Labour Laws will be kept in four categories while some other old laws will be abolished.
It will also be the first bill to be introduced in Parliament during the second term of Modi government.
The government is likely to table the Bill in Parliament during the second week of the budget session. Cabinet approval for it will be taken soon.