- The first Union Budget of independent India was presented on November 26, 1947 by former finance minister RK Shanmukham Chetty.
- On February 29 in 1964 and 1968, Morarji Desai became the only finance minister to present the Union budget on his birthday.
- The highest number of budget presentations has been made by former finance minister Morarji Desai. He presented 10 union budgets.
- Indira Gandhi, the former Prime Minister of India, took over the Ministry of Finance after Morarji Desai's resignation. She is the only woman finance minister of India till date.
- The Union Budget 1997-98, presented by the Finance Minister P Chidambaram, was termed as "Dream Budget" as a number of economic reforms were done.
- Until the year 1999, the Union Budget was announced at 5 pm on the last working day of February.
- Former finance minister Yashwant Sinha changed the budget presentation ritual by announcing the 1999 Union Budget at 11 am.
- Till 2016, the Union Budget was presented on the last working day of February.
- Finance Minister Arun Jaitley changed that tradition in 2017 when the Union Budget was presented on February 1.
- Till 2016, the railway budget was presented a few days before the Union budget. In 2017, however, the railway budget was presented along with the Union Budget, breaking a 92-year-old practice.
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