Black Budget: Yashwantrao B. Chavan presented the Budget in 1973-74 under Indira Gandhi's rule.  It was a proof of the severe financial hardship India was facing at that time.

Carrot and Stick Budget: In 1986, VP Singh presented the Union Budget under the Congress government, which was the first move towards dismantling the licence raj in India.

Epochal Budget: In 1991, Manmohan Singh's landmark Budget for the PV Narasimha Rao government ended the licence raj and saw the beginning of the era of economic liberalisation.

Dream Budget: P Chidambaram employed the Laffer Curve idea in the 1997–1998 budget, lowering tax rates to boost revenue. This came to be known as the "Dream Budget".

Millennium Budget: Yashwant Sinha's "Millennium Budget" in 2000 reduced customs duties on 21 products and phased out incentives for software exporters.

Rollback Budget: The 2002-03 Budget was presented by Yashwant Sinha for the NDA government headed by Atal Bihari Vajpayee. It came to be known in history as the "Rollback Budget" as many proposals presented in it were withdrawn or rolled back.

Once-in-a-Century Budget: In 2021, Nirmala Sitharaman unveiled what she referred to as a "once-in-a-century budget," which sought to revitalise the third-largest economy in Asia by putting money into infrastructure and healthcare and relying heavily on an aggressive privatisation policy and substantial tax revenues.