1 / 8R K Shanmukham Chetty presented Independent India's first Union Budget on November 26, 19472 / 8India's first-ever Budget was announced on April 7, 1860 in pre-Independent India by James Wilson 3 / 8Morarji Desai has presented the highest number of budgets for India4 / 8Jawaharlal Nehru, Indira Gandhi and Rajiv Gandhi are the only prime ministers to have presented a Budget5 / 8Former finance minister Yashwant Sinha changed the time of presenting the budget to 11 am. Until 1999, the Union Budget was announced at 5 pm on the last working day of February6 / 8The date of the Union Budget presentation was changed in 2017 by then finance minister Arun Jaitley from 'last working day of February' to 'February 1'7 / 8The longest Budget Speech in terms of duration was delivered in 2020 by Finance Minister Nirmala Sitharaman. She spoke for 2.42 hours.8 / 8The Railway Budget was merged with the Union Budget In 2017.