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Debt funds will take a hit as tax doubles, tenure trebles

Fixed maturity plans will be worst hit, dividend payout will decrease marginally, arbitrage funds should benefit

Govt bonds wipe off gains as traders trim positions

Yield on 10-year benchmark paper ends at 8.77% compared with previous close of 8.73%

Start-ups get a head start

Rs 10,000-crore venture capital fund to provide equity and soft loans for start-ups

Oil & Gas: Duty relief a plus but no big-ticket moves a let-down

The government's plan to bring in PPP to complete the gas grid across the country was viewed positively

Online, mobile ads turn costlier

These will now attract service tax; print media continues to be exempt from paying service tax

Power: Sector reforms inspired by the Gujarat model

Tax breaks and duty benefits for fresh capacity creation

City focus welcome but broader vision needed

FM invokes the migrant worker; Rs 7,060 crore allotted for developing 100 smart cities; credit for affordable housing

Steel & Mining: Jaitley adds shine to metals

But some players say the FM has tried to please stainless steel makers only by raising duty on flat-rolled products

Agriculture & Social sectors: No breaking away from the past

Slew of monetary allocations show no clear shift in strategy

Fillip for textiles, garments

Rs 50 cr allocated for trade facilitation centre and crafts museum to promote handlooms

Diamonds a cut above jewels

2.5% import duty levied on semi-processed, broken diamonds, but jewellers not as upbeat as diamond industry

Offshore funds: Foreign investors get a much-needed tax clarity

This could boost investments in the capital market

Tax reform: FM eases advance pricing regime

Domestic firms get access to advance price ruling; scope of Settlement Commission to be enlarged to resolve tax disputes

Jaitley misses opportunity for deeper subsidy reforms

Pins hopes on Aadhaar-based targeted subsidies, price hikes in diesel and urea

Mixed reactions in health care sector

Rs 500 crore proposed for setting up of four new AIIMS

E-visas, travel sops for high-flyers

The finance minister announced the development of new airports in Tier-I and -II cities but gave no relief to the aviation sector in terms of lower taxes on jet fuel

Thumbs up for roads sector as budgetary support rises 13.5%

Total Plan outlay stands at Rs 37,881 cr, which includes Rs 3,000 cr for the Northeast

Finance minister bets big on disinvestment

Target more than doubled to Rs 63,425 crore

Devolution to states: States get more room

Central assistance sees 184% jump with more direct routing of funds

Sangh happy, Cong says 'derivative'

BJP insists the Budget favours the weaker sections, its political rivals say it promotes big business