Those earning more than one crore a year will have to pay more tax. Otherwise tax slabs remain the same. New slabs could have been created. Tax on luxury cars and imported vehicles has been increased. But those who are rich, tax is a small expenditure. To them, it does not matter. Cost of mobiles will go up, that is not good(cost of those above Rs. 2000). As mobiles have become common man's access to the world, a price rise would curtail usage.
Banks for women will be made, now. This is positive move. Women entrepreneurs will benefit a great deal. This was done so that the budget to be called "inclusive"Women's votes have been thus roped in.One thousand crore will be spent on security for women. Rural and urban health care has been clubbed together.
Over all, more efforts could have been made to improve industries/job-creating organisations. But that would take time to demonstrate results and there is only one year to show down (Election 2014)
So people can satisfy themselves that no big change would affect them directly. But the possibility that we could have leaped forward and progressed further is gone. All cannot be pleased. Now investors will be happy.This is an investor-friendly budget.