Indian Finance Minister Arun Jaitley presented his fourth Budget in Parliament, on February 01, 2017. In case you missed the live video streaming on ForbesIndia.com, here are the key features, as released by the government's India Budget website. Here are the minute-by-minute flashes, powered by CNBC-TV18. (Note: The latest news flash appears at the top)Will Look At Merger/Consolidation Of Downstream and Upstream Cos 01-02-17, 13:59:28No Change In Capital Gains Taxation For Listed Entities 01-02-17, 13:57:45FY18 Total Tax Revenue Seen At Rs12.27 Lakh Cr 01-02-17, 13:57:45Excise Duty On Various Lengths Of Cigarettes Hiked By 2.5% &Amp 6% 01-02-17, 13:57:45Govt Is Committed To The National Dvpt Programs Have Increased Allocation 01-02-17, 13:57:45Railways To Now Work More Efficiently 01-02-17, 13:57:45Merger Of Rail &Amp General Budget Is A Landmark Step 01-02-17, 13:57:45Several Measures Announced For Betterment Of The Common Man 01-02-17, 13:57:45Budget 2017 Has Covered All The Sectors 01-02-17, 13:57:45Excise Duty On Pan Masala Increased To 9% From 6% 01-02-17, 13:57:45Excise Duty On Unmanufactured Tobacco Increased To 8.3% From 4.2% 01-02-17, 13:57:45Excise Duty On Handmade Paper-Rolled Beedi Increased To Rs28 Per 1,000 01-02-17, 13:57:45Compensation Amount For GST Will Not Be Drawn From Budget 01-02-17, 13:57:45Do Not See Possibility Of A Slip On Fiscal Deficit Front 01-02-17, 13:57:4515.3% Direct Tax Revenue Growth Tgt For Next Fiscal Is Conservative 01-02-17, 13:57:45Penalty On The Same Amount If Cash Transaction Made Above Rs3 Lakh 01-02-17, 13:57:45Roadmap To Reduce Corporate Tax To 25% Stays 01-02-17, 13:57:45Will Surrender Cigarette Cess To Compensation Kitty Post GST 01-02-17, 13:57:45Corporate Tax To Remain At Current Level Next FY 01-02-17, 13:57:45Propose To Raise Excise Tax On Cigarette, Cigar To Rs4,006/ 1000 Units 01-02-17, 13:57:45Propose To Levy 2% Special Addl Duty On Mobile Phone Circuit Boards 01-02-17, 13:57:45Propose To Levy 30% Export Tax On Aluminium Ore 01-02-17, 13:57:45FM Has Responded To What Start-Ups Have Asked For 01-02-17, 13:57:45Abolishing Of FIPB Is A Logical Decision 01-02-17, 13:57:45Excise Duty Hike Of 6% On Cigarettes Below Market Expectations Of 8-10% 01-02-17, 13:57:45Excise Duty In Cigarettes Hiked By 6% Across All Lengths 01-02-17, 13:57:45Total FY18 Disinvestment Target Seen At Rs72,500 Cr Vs Rs56,500 Cr (Yoy) 01-02-17, 13:57:45Total FY18 Disinvestment Target At Rs72,500 Cr Vs Rs56,000 Cr (Yoy) 01-02-17, 13:57:45No mention of taxation changes for capital markets 01-02-17, 13:57:45NO MENTION OF EXCISE DUTY HIKE ON CIGARETTES 01-02-17, 13:57:45Net Revenue Loss In Direct Tax Could Be Rs20,000 Cr Due To Exemptions 01-02-17, 13:57:45No mention of changes in long-term capital gains for stock mkts 01-02-17, 13:57:45Greater Accountabilty on Tax Officers For Errors Of Commission and Omission 01-02-17, 13:57:45Tax rate halved to 5% for income up to Rs2.5-5 lakh 01-02-17, 13:57:45Not Proposing Many Changes To Indirect Taxes Given GST Roll-Out Plan 01-02-17, 13:57:45GST Implementation To Bring More Taxes To States, Centre 01-02-17, 12:54:4950% saving in income tax on earning up to Rs5 lakh 01-02-17, 12:54:49Tax rate on income of Rs 2.5-5 lakh will be reduced to 5% 01-02-17, 12:54:22CBEC Will Continue To Strive To Implement GST 01-02-17, 12:54:21GST Council Has Finalised Recos On All Issues Based On Consensus 01-02-17, 12:54:00Tax Foregone From Reduction In Tax Rate At Rs15,500 Cr 01-02-17, 12:53:11Substantial Progress In Ushering In GST Regime 01-02-17, 12:52:50To Levy Surcharge Of 10% On Income Between Rs50 Lakh-1 Cr 01-02-17, 12:51:5950% saving in income tax on earning up to Rs5 lakh 01-02-17, 12:54:49Tax rate on income of Rs2.5-5 lakh will be reduced to 5% 01-02-17, 12:54:22CBEC Will Continue To Strive To Implement GST 01-02-17, 12:54:21GST Council Has Finalised Recos On All Issues Based On Consensus 01-02-17, 12:54:00Tax Foregone From Reduction In Tax Rate At Rs15,500 Cr 01-02-17, 12:53:11Substantial Progress In Ushering In GST Regime 01-02-17, 12:52:50To Levy Surcharge Of 10% On Income Between Rs 50 Lakh-1 Cr 01-02-17, 12:51:59Propose To Make Changes In Capital Gains Tax For Housing 01-02-17, 12:32:15Instead Of Build-up Area, Carpet Area Will Be Counted For Affordable Housing 01-02-17, 12:31:36Abolition Of FIPB Will Improve Ease Of Doing Business 01-02-17, 12:31:36Resolution Of Fincial Firms Amendments To Help Banking Sector 01-02-17, 12:26:29India Largely A Tax Non-compliant Society 01-02-17, 12:25:59New Rules For Pricing Medical Devices Should Benefit Common Man 01-02-17, 12:24:54Affordable Housing Granted Infrastructure Status- Tax Sops Likely 01-02-17, 12:24:54Re-financing Of Housing Loans To Give Impetus To Real Estate Sector 01-02-17, 12:24:54Rural Electrification By May 1, 2018 To Provide Boost To Power Equip Cos 01-02-17, 12:24:54GST to be a tectonic change for India 01-02-17, 12:24:54India to be a electronic mfg hub Focus on MSIPS benefit continues 01-02-17, 12:24:54Big stimulus to infra sector record allocation 3.96lakhs Crs 01-02-17, 12:24:54Government to abolish FIPB Expected to ease FDI 01-02-17, 12:24:54Focus on solar continues 20k MW new capacity planned 01-02-17, 12:24:54Big push on infra: new metro rail policy, costoal roads & airports 01-02-17, 12:24:54Service Charges Withdrawal On E-Ticket To Boost Govt's Digitisation Endeavour 01-02-17, 12:24:54New rules for pricing med devices Should benefit common man 01-02-17, 12:24:54Attractive sops to individuals & merchants going cashless 01-02-17, 12:24:197000 stations to be solar powered: Focus on solar continues 01-02-17, 12:24:19Digital Economy continues to be high on agenda - new scheme for BHIM app 01-02-17, 12:24:19Listing of SRs by ARCs to help broadbase NPA risk 01-02-17, 12:24:19Resolution of Fincial Firms amendments to help banking sector 01-02-17, 12:24:19India to be a electronic mfg hub Focus on MSIPS benefit continues 01-02-17, 12:24:19Big stimulus to infra sector record allocation 3.96lakhs Crs 01-02-17, 12:24:19Government to abolish FIPB Expected to ease FDI 01-02-17, 12:24:19Focus on solar continues 20k MW new capacity planned 01-02-17, 12:24:19Big push on infra: new metro rail policy, costoal roads & airports 01-02-17, 12:24:19Service Charges Withdrawal On E-Ticket To Boost Govt's Digitisation Endeavour 01-02-17, 12:24:19New rules for pricing med devices Should benefit common man 01-02-17, 12:24:19FY18 REVENUE DEFICIT PEGGED AT 1.9% OF GDP 01-02-17, 12:24:19Tax-to-GDP Ratio Very Low In India 01-02-17, 12:22:20Peg Fiscal Deficit for 2017-18 At 3.2% 01-02-17, 12:20:38Shift To Digital Platforms Will Benefit The Common Man 01-02-17, 12:19:48FRBM Panel Recommended Fiscal Deficit At 3% For Next 3 Years 01-02-17, 12:19:46FRBM Review Committee Recommends Debt To GDP Ratio Of 60% By 2023 01-02-17, 12:19:19Defence Expenditure Excluding Pension At Rs 2.74 Lakh Cr 01-02-17, 12:18:08Increased Allocation For Infra Would Help Cement & Steel Sectors 01-02-17, 12:18:07Propose Revised Mechanism For Time-bound Listing Of PSUs 01-02-17, 12:18:07To Allocate More Funds To Recapitalise PSU Banks If Needed 01-02-17, 12:18:07Double Lending Target Of Banks To Rs 2.44 Lakh Cr 01-02-17, 12:18:07Addl Allocation for recap Of PSU Banks Will Be Made If Needed 01-02-17, 12:18:07Rs 10,000 Cr To Recapitalise PSU Banks As Per Plan In FY18 01-02-17, 12:18:07Will Continue Use Of ETFs For Divestment 01-02-17, 12:18:07Total Resources To Be Transferred To States & UTs Estimated At Rs 4.11 Lk Cr 01-02-17, 12:17:49Allocation Of Capital Expenditure Up 25% YoY 01-02-17, 12:17:21Infra status to affordable housing to ease funding and reduce borrowing cost01-02-17, 12:16:48Focus on transformative shift in country governance at the core of policy01-02-17, 12:16:48Agriculture sector expected to grow by 4.1% in current fiscal year01-02-17, 12:16:48Increased allocation for infra would help core sector ie cement, steel, etc01-02-17, 12:16:48Thrust On Railways To Give Impetus To Services In EPC Sector01-02-17, 12:16:48Considering New Law To Confiscate Assets Of Economic Offenders01-02-17, 12:16:27Rural Electrification By May 1, 2018 To Provide Boost To Power Equip Cos01-02-17, 12:15:31To Rationalise Number Of Tribunals01-02-17, 12:14:56Web-based Pension Distribution System For Defence To Be Established01-02-17, 12:14:29Re-financing Of Housing Loans To Give Impetus To Real Estate Sector01-02-17, 12:14:27Rural gets electrified by 1 May 2018 provide boost to power equipment cos01-02-17, 12:14:00Industry expects announcements on clear roadmap on GST related timelines01-02-17, 12:14:00GST to be a tectonic change for India01-02-17, 12:14:00New Rules For Pricing Medical Devices Should Benefit Common Man01-02-17, 12:14:00 Affordable Housing Granted Infrastructure Status- Tax Sops Likely 01-02-17, 12:13:50To Amend Negotiable Instruments Act To Protect Payees Of Dishonoured Cheques01-02-17, 12:13:16Propose To Create A Payment Regulatory Board At RBI01-02-17, 12:12:09Panel On Digital Payment Recommended Reform In Digital Pay Systems01-02-17, 12:11:54To Take Steps To Promote Digital Payments At Petrol Pumps, Hospitals01-02-17, 12:11:18Propose Aim Of `2.44 Lakh Cr Under Mudra Scheme01-02-17, 12:10:46To Take Up Second Phase Of Solar Power Dvpt For Addl 20,000 MW01-02-17, 11:59:45To Set-up New Crude Oil Reserves01-02-17, 11:59:07Bharat Net Allocation At Rs10,000 Cr01-02-17, 11:58:21Transport Sector Allocated Rs2.41 Lakh Cr01-02-17, 11:58:03Infra Status For Affordable Hsg Projs Will Be +ve For Real Estate Sector01-02-17, 11:58:03Outcome-based Monetary Measures To SC, ST By NITI Aayog 01-02-17, 11:57:57Allocation To Scheduled Castes Upped To Rs52,393 Cr01-02-17, 11:57:57Thrust On Railways To Give Impetus To Services In EPC Sector01-02-17, 11:57:11National Highway Allocation At Rs64,000 Cr01-02-17, 11:56:23New Metro Rail Policy To Be Announced Will Open Up New Job Possibilities01-02-17, 11:56:09Service Charges On e-tickets Booked Via IRCTC To Be Withdrawn01-02-17, 11:55:39Railways To Implement End-to-end Solutions For Some Commodities01-02-17, 11:55:08To Commission 3,500 Km Of Railway Tracks In 201801-02-17, 11:54:17Atleast 25 Stations Re-development Contracts Will Be Awarded In 2017-18 01-02-17, 11:53:25New Rules For Pricing Medical Devices Should Benefit Common Man01-02-17, 11:52:13Affordable Housing To Be Given Infra Status01-02-17, 11:52:04Propose To Invest Rs1.31 Lakh Cr In Railways In 2017-1801-02-17, 11:51:49Re-financing of housing loans to give impetus to Real Estate sector01-02-17, 11:51:25Rural gets electrified by 1 May 2018 provide boost to power equipment cos01-02-17, 11:51:25Industry expects announcements on clear roadmap on GST related timelines01-02-17, 11:51:25GST to be a tectonic change for India 01-02-17, 11:51:25Aadhaar-based Smart Cards To Be Introduced For Senior Citizens01-02-17, 11:51:06Infra status to affordable housing to ease funding and reduce borrowing cost01-02-17, 11:51:02Impetus to Skill India will provide opportunities to corp for CSR spend01-02-17, 11:51:02Agriculture sector expected to grow by 4.1% in current fiscal year01-02-17, 11:51:02Increased allocation for infra would help core sector ie cement, steel, etc01-02-17, 11:51:02Govt Committed To Take Structural Reform In Medical Education, Practice 01-02-17, 11:49:35Outcome-based Monetary Measures To SC, ST By NITI Aayog 01-02-17, 11:49:32Propose To Amend Drug Rules To Ensure Drugs Available At Reasonable Prices01-02-17, 11:49:29Will Take Legislative Reforms To Simplify Labour Laws In India01-02-17, 11:49:22 Allocation To Scheduled Castes Upped To Rs52,393 Cr01-02-17, 11:49:121.5 Lakh Health Sub-centres To Be Transformed To Health Wellness Centres 01-02-17, 11:48:43Bank Lending Rates For Housing Loans Coming Down In Wake Of Demonetisation01-02-17, 11:48:43Have Hiked Allocation For Women Skill Development To Rs1.84 Lakh Cr In FY1801-02-17, 11:48:43Mahila Shakti Kendra Will Be Set Up At Village Level Allocation Rs500 Cr01-02-17, 11:48:43Affordable Housing To Be Given Infra Status01-02-17, 11:45:11Have Hiked Allocation For Women Skill Development To Rs1.84 Lakh Cr In FY18 01-02-17, 11:45:00Will Set Up 100 India-International Skill Centres01-02-17, 11:44:495 Special Tourism Zones To Be Set Up In Partnership With States 01-02-17, 11:44:39Mahila Shakti Kendra Will Be Set Up At Village Level Allocation Rs500 Cr01-02-17, 11:44:03Propose To Set Up Natl Testing Agency For Entrance Exam For Higher Edu01-02-17, 11:43:54Will Undertake Reforms In UGC To Improve Higher Education01-02-17, 11:43:54Innovation Fund For Secondary Education To Be Created01-02-17, 11:43:54 Will Achieve 100% Rural Electrification By May 1, 201801-02-17, 11:43:54Rs4,800 Cr Allocated Under Deen Dayal Upadhyaya Gram Jyoti Yojana01-02-17, 11:43:54Increased Allocation To Rs23,000 Cr For PM Awas Yojana01-02-17, 11:43:54Propose To Finish 1 Cr Houses By 2019 For Those Living In Kachcha Houses 01-02-17, 11:43:54Allocation for Rural, Agri & Allied Ind At Rs1.87 Lakh Cr, Up 24% YoY01-02-17, 11:39:24Modern Law On Contract Farming To Be Prepared01-02-17, 11:39:07National Agri Markets To Be Expanded To 585 Markets01-02-17, 11:39:00Will Set Up Dairy Processing Fund01-02-17, 11:38:54Will Achieve 100% Rural Electrification By May 1, 201801-02-17, 11:38:33Rs 4,800 Cr Allocated Under Deen Dayal Upadhyaya Gram Jyoti Yojana01-02-17, 11:38:23Long-term Irrigation Fund Set Up In NABARD, Additional Corpus Rs 20,000 Cr01-02-17, 11:37:45Target For Agri Credit Fixed At Rs10 Lakh Cr This Year01-02-17, 11:37:38 Agri Sector Expected To Grow At 4.1% In The Current Fiscal01-02-17, 11:37:36Increased Allocation To Rs23,000 Cr For PM Awas Yojana01-02-17, 11:37:34Propose To Integrate Farmers To The Agro-processing Units01-02-17, 11:37:33Will Bring 1 Cr Households Out Of Poverty By 201901-02-17, 11:37:06Propose To Finish 1 Cr Houses By 2019 For Those Living In Kachcha Houses01-02-17, 11:36:49Dairy Processing Fund Initial Corpus At Rs 2,000 Cr01-02-17, 11:36:23Pace Of Construction Of Roads Has Increased To Rs133 Km/Day In 201701-02-17, 11:35:45Issuance Of Soil Health Cards Has Gathered Momentum01-02-17, 11:35:39 Fasal Bima Yojana Coverage Will Be Increased To 40%01-02-17, 11:35:39Farmers Will Benefit From 60-day Interest Waiver Announced By PM 01-02-17, 11:35:39To Up Crop Insurance Coverage To 50% In FY1901-02-17, 11:35:25Will Support NABARD To Digitise 63,000 Primary Agri Co-ops01-02-17, 11:35:21Allocation For MNREGA Has Risen Fm Rs38500 Cr In FY17 To Rs48000 Cr In FY1801-02-17, 11:35:11Dedicated Micro Irrigation Fund, Initial Corpus Of Rs 5000 Cr01-02-17, 11:32:59Dairy Processing Infra Fund Will Be Created W/Corpus Of `8,000 Cr In 3 Yrs01-02-17, 11:31:53 Long-term Irrigation Fund Set Up In NABARD, Additional Corpus `20,000 Cr 01-02-17, 11:32:41Will Bring 1 Cr Households Out Of Poverty By 2019 01-02-17, 11:32:14Dairy Processing Infra Fund Will Be Created W/Corpus Of `8,000 Cr In 3 Yrs 01-02-17, 11:31:53National Agri Markets To Be Expanded To 585 Markets 01-02-17, 11:31:46Modern Law On Contract Farming To Be Prepared 01-02-17, 11:31:16Propose To Integrate Farmers To The Agro-processing Units 01-02-17, 11:31:02Market Reforms To Enable Farmers To Sell Produce At Better Prices 01-02-17, 11:31:00Will Take Steps To Make Sure Farmers Get Better Prices For Harvest 01-02-17, 11:30:55Will Support NABARD To Digitise 63,000 Primary Agri Co-ops 01-02-17, 11:30:43To Up Crop Insurance Coverage To 50% In FY19 01-02-17, 11:29:56Issuance Of Soil Health Cards Has Gathered Momentum 01-02-17, 11:29:03Fasal Bima Yojana Coverage Will Be Increased To 40% 01-02-17, 11:28:16Agri Sector Expected To Grow At 4.1% In The Current Fiscal 01-02-17, 11:27:26Farmers Will Benefit From 60-day Interest Waiver Announced By PM 01-02-17, 11:27:22Target For Agri Credit Fixed At `10 Lakh Cr This Year 01-02-17, 11:27:04Surplus Liquidity In Banking System Will Lower Borrowing Cost 01-02-17, 11:26:58Higher Growth Forecast Based On Policies, Commitment To Eco Reforms 01-02-17, 11:26:58IMF Pegs India Growth At 7.2% In 2017, 7.7% In 2018 01-02-17, 11:26:58Pace Of Remonetisation Has Picked Up 01-02-17, 11:26:58Impact Of Demonetisation Not Expected To Spill Over To Next Year 01-02-17, 11:26:58Drop In Eco Activity During Remonetisation Transient 01-02-17, 11:26:58Propose To Present Budget Under 10 District Themes 01-02-17, 11:25:11Agenda Is To Transform, Energise & Clean India 01-02-17, 11:25:07Have Done Away With Planned & Non-planned Allocation 01-02-17, 11:24:50Railways Will Be The Centre Stage Of Government's Fiscal Policies 01-02-17, 11:24:32Surplus Liquidity In Banking System Will Lower Borrowing Cost 01-02-17, 11:24:24Merger Of Rail & General Budget Is A Historic Step 01-02-17, 11:24:02Budget Has Been Advanced To Enable Parliament To Avoid Vote On Account 01-02-17, 11:23:46Overall Approach In Budget Has Been To Spend More In Rural Areas 01-02-17, 11:23:44Overall Approach In Budget Has Been To Spend More On Infrastructure 01-02-17, 11:23:40Jan Total Sales Up 7% At 14,872 Units (YoY) 01-02-17, 11:23:38Overall Approach Has Been To Spend More With Fiscal Prudence 01-02-17, 11:23:36Higher Growth Forecast Based On Policies, Commitment To Eco Reforms 01-02-17, 11:23:11IMF Pegs India Growth At 7.2% In 2017, 7.7% In 2018 01-02-17, 11:23:11Pace Of Remonetisation Has Picked Up 01-02-17, 11:23:11Impact Of Demonetisation Not Expected To Spill Over To Next Year 01-02-17, 11:23:11We Are At An Imprtant Point Of Growth & Development 01-02-17, 11:23:11Drop In Eco Activity During Remonetisation Transient 01-02-17, 11:23:11Demonetisation Seeks To Make Our GDP Cleaner, Bigger 01-02-17, 11:23:11Demonetisation A Bold & Decisive Measure 01-02-17, 11:23:11Passing Of Constl Amendment Of GST, Demonetisation Tectonic Policy Shifts 01-02-17, 11:23:11India Seen As An Engine Of Global Growth 01-02-17, 11:23:11India Has Considerably Improved Its Policies w.r.t Trade & Commerce 01-02-17, 11:23:11Forex Reserves Offer A Comfortable Cover For 12 Months Of Imports 01-02-17, 11:23:11Current A/c Deficit Declined To 0.3% Of GDP In H1FY17 01-02-17, 11:23:11CPI Is Down From 6% In July To 3.4% In December, 2016 01-02-17, 11:23:11India A Bright Spot In Global Eco Landscape 01-02-17, 11:23:11Monetary Policy Stance By US Fed A Concern For Emerging Economies 01-02-17, 11:23:11IMF Estimates World GDP Will Grow By 3.4% In 2017 01-02-17, 11:23:11Focus Will Be On Energising Youth & Creating Jobs 01-02-17, 11:23:11World Economy Faces A Lot Of Uncertainty 01-02-17, 11:23:11Will Continue To Uplift Vulnerable Sections Of The Society 01-02-17, 11:23:11Inflation Has Been Controlled Have Launched Massive War On Black Money 01-02-17, 11:23:11Mission To Bring Transformatory Shift In Governance During Last 2.5 Years 01-02-17, 11:23:11We Are At An Important Point Of Growth & Development01-02-17, 11:19:38 Focus Will Be On Energising Youth & Creating Jobs 01-02-17, 11:19:17Drop In Eco Activity During Remonetisation Transient 01-02-17, 11:18:26Monetary Policy Stance For US Fed A Concern For Emerging Economies 01-02-17, 11:17:44Focus Will Be On Energising Youth & Create Jobs 01-02-17, 11:17:40World Economy Faces A Lot Of Uncertainty 01-02-17, 11:17:38Demonetisation A Bold & Decisive Measure 01-02-17, 11:17:26Passing Of Constl Amendment Of GST, Demonetisation Tectonic Policy Shifts 01-02-17, 11:17:24Will Continue To Uplift Vulnerable Sections Of The Society 01-02-17, 11:16:17Inflation Has Been Controlled Have Launched Massive War On Black Money 01-02-17, 11:16:13Current A/c Deficit Declined To 0.3% Of GDP In H1FY17 01-02-17, 11:16:08India Seen As An Engine Of Global Growth 01-02-17, 11:16:00India Has Considerably Improved Its Policies w.r.t Trade & Commerce 01-02-17, 11:15:44Forex Reserves Offer A Comfortable Cover For 12 Months Of Imports 01-02-17, 11:15:11CPI Is Down From 6% In July To 3.4% In December, 2016 01-02-17, 11:14:12IMF Estimates World GDP Will Grow By 3.4% In 2017 01-02-17, 11:14:03Mission To Bring Transformatory Shift In Governance During Last 2.5 Years 01-02-17, 11:13:48Modi Govt Was Elected Amid Huge Expectation Of People 01-02-17, 11:13:43India A Bright Spot In Global Eco Landscape 01-02-17, 11:13:41Spring Is A Season Of Optimism 01-02-17, 11:13:40FM Arun Jaitley Rises To Present Union 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