The 2017 Union Budget of India is the[5][6][7] It was presented before the parliament on 1 February 2017 by the Finance Minister of India, Arun Jaitley with 21.47 lakh crore rupees (US$336.39 billion) budget size.

[8][9][10][11][12] The Finance Minister of India started speech by quoting "Madam Speaker, On this auspicious day of Vasant Panchami, I rise to present the Budget for 2017-18.

[14] He further went to explain that TEC India means to[15] The printing of the budget documents began with a traditional Halwa ceremony in January 2017.32 It's the first budget after major changes in the economy like Goods and Services Tax (India) and 2016 Indian banknote demonetisation.

Railway budget will be merged with the Union budget and classification of plan and non-plan expenditure has been done away with starting from the year 2017 by Narendra Modi led Government of India.

He has suggested major overhaul in the bill.