Union Finance Minister Arun Jaitley presented the Union Budget for the 2017-18 financial year starting April 1. For the first time the general budget included the railways budget this year. Finance Minister Arun Jaitley began his Budget speech today with a strong defence of the notes ban, promising that its impact on the economy would not spill over to the next year. He ended with a tax bonanza, reducing income tax for individuals who earn between 2.5 to 5 lakh and corporate tax for companies with an annual turnover of to 50 crores. (Video Courtesy: Lok Sabha TV)