India's first budget was presented on February 28, 1950. Two finance ministers, Pranab Mukherjee and P Chidambaram, have each presented 5 budgets in a row. Yashwant Sinha is the only finance minister who has presented a budget on his birthday. R Venkataraman is the only finance minister who went on to become President of India. The Union Budget of India is presented annually by the Finance Minister on the last working day of February and has to be passed by Parliament before taking effect on April 1, which marks the start of India's financial year.