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The ceremony will take place in the chambers of Rajya Sabha Chairman M Venkaiah Naidu.
The 65-year old Jaitley was elected recently from Uttar Pradesh and will take oath at a special ceremony due to his health condition.
The ceremony is likely to take place at 11.00 am, sources said. Jaitley was on 3 April once again appointed as the Leader of the Upper House following the re-election.
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He had cancelled his scheduled foreign visits and had confirmed his illness in a tweet. “I am being treated for kidney related problems & certain infections that I have contracted,” he had tweeted.
Jaitley had in September 2014 undergone a bariatric surgery to treat weight gain that he suffered because of a long-standing diabetic condition. That surgery was first performed at Max Hospital, but he had to be later shifted to AIIMS because of complications. He had a heart surgery several years ago.