Page 916 - Business Standard

Some DTC provisions debut early

DIRECT TAXES CODE: GAAR to counter aggressive tax avoidance schemes, ensure use only in appropriate cases

Service tax to pinch more

SERVICES: Negative list of 17 services introduced

Market reactions

MY BUDGET: Gagan Narang

It is a pragmatic Budget: Chandrajit Banerjee

Probably the best the govt could do: Raamdeo Agrawal

Not path-breaking, but very realistic: Gagan Banga

In many ways, goals were fulfilled: C Rangarajan

Sharper targeting to cut the subsidy bill

SUBSIDIES: Direct transfer of subsidy to be implemented in phases to curtail misuse

Realistic but not reformist: BS Jury

India Inc believes that the Union Budget has good intentions but isn?t forward-looking enough

Pranab focuses on curbing non-Plan expenditure

EXPENDITURE: Non-Plan expenditure to rise about 9 per cent over the revised estimate to Rs 9,69,900 crore in 2012-13

I'm ready to even bite the ballot if necessary: Pranab Mukherjee

Fiscal deficit pegged at 5.1% of GDP

FISCAL DEFICIT: Market borrowings, at Rs 5.70 lakh crore, to rise 11.5% to bridge the gap

Budget has taken us to pre-1991 era: Arun Jaitley

An opportunity wasted: Yashwant Sinha

State finance ministers' view

Lethargy creeps into rural jobs, fund for NREGS shrinks

SOCIAL SECTOR: Allocation for livelihood creation, rural road building, sanitation, drinking water sees remarkable increase

Health gets booster shot with robust fund infusion

HEALTH AND NUTRITION : Substantial increase in allocation for programmes meant for children and pregnant women

Chief Ministers on Union Budget 2012-13

Tax sharing with states to hurt Centre

DEVOLUTION TO STATES Availability of less resources will adversely affect Centre?s effort to reduce revenue deficit