R.K. Shanmukham Chetty is rarely counted among India’s most celebrated finance ministers. Yet, he holds the singular distinction of presenting the first Union budget of independent India.

Finance Minister Nirmala Sitharaman has announced that under the new income tax regime, nil tax slab has been raised from ₹7 ...

The call for an economic revival also brings afresh memories of the landmark 1991 Budget which was presented by late former ...