In line with market expectations, the government went ahead with the populist measures in the last Budget of its five-year tenure to please farmers and middle-class section. While rural schemes and increase in the income tax slab to Rs 5 lakh per annum, got a thumbs up, upward revision of fiscal deficit to 3.4 per cent was slightly above the target.
"This is a dream budget for the middle class and for farmers. With the increase in exempted income, increase in standard deduction, increase in limit for TDS etc. we can expect more disposable income in the hands of the