Union Budget 2017 Live Updates: Tax rate for slab Rs 2.5 to 5 Lakhs reduced to 5% from 10% currently, says Arun Jaitley

1:09PM: The budget numbers dont seem to add up, as there is huge expansion on Govt spending on schemes. The budget is rhetorical, but in actually creating jobs there is precious little. Railways got a cursory mention, says Manish Tewari, Congress