Union Budget 2017: I have rewarded honesty in Budget 2017, says Arun Jaitley

After paying tribute to the parliamentarian and former Union minister E Ahamed, finance minister Arun Jaitley tables the Union Budget 2017 as scheduled. Catch all the live updates here.

By BT Online  
Wednesday, February 1, 2017

After the immense confusion over the delay of the Union Budget on Wednesdsay, Union Finance Minister Arun Jaitley presented the Budget as scheduled.

In a big relief to the middle class, Arun Jaitley in his Budget speech reduced the Income Tax rate for people coming under the bracket of annual income of Rs 2.5-5 lakh.

Jaitley said the demonetisation move will not impact the Indian economy. He also increased the allocation for welfare of women and children under various to Rs 1,84,632 crore.

This was for the first time that the Railway Budget was merged with the General Budget. In his fourth Budget Speech, Arun Jaitly announced that the focus of the Railways will be on passenger safety, capital works and cleanliness.

Here are live updates on the Union Budget 2017

 

 

Latest Stories

Jet Airways stock surges amid reports Tata Group likely to acquire the carrier
Jet Airways stock surges amid reports Tata Group likely to acquire the carrier
Uber posts $1 billion loss in quarter as bookings growth slows down
Uber posts $1 billion loss in quarter as bookings growth slows down
How pampering MSMEs may create asset quality issues in future
How pampering MSMEs may create asset quality issues in future
SPONSORED