Live Union Budget 2017: Finance Minister Arun Jaitley Reaches Parliament

This is Arun Jaitley's fourth Budget presentation and first after demonetisation. Economists expect Mr Jaitley to announce some big measures to support the economy which has been hit by demonetisation

Finance Minister Arun Jaitley is set to present Union Budget 2017 amid great expectations. This is Mr Jaitley's fourth Budget presentation and first after demonetisation. Economists expect Mr Jaitley to announce some big measures to support the economy which has been hit by demonetisation. Apart from that, Mr Jaitley is expected to announce tax cuts for both on individuals and corporates. There are also expectations that that the finance minister may also announce higher tax deduction for home loans. This will help boost the real estate sector which as suffered in the wake of demonetisation. Higher fund infusion into state-run banks and roadmap on divestment will be keenly watched.