Pranab da gave 26000 cr through direct tax proposals bt took away 43500 cr through indirect tax proposal since he has raised excise duty from 8% to 10%.Further he plans to increase petrol as well as diesel prices by rs 1 to rs 3.This will have cascading effect on prices of every commodity.Excise duty will have impact on every manufactured commodity.Further diesel will raise prices of manufactured as well as agricultural products as transportation costs will rise.
Aam admi will nt gain anything except those who are earning more than 3 lacs(i dont think they come under aam admi bracket)as tax slabs have been revised.New tax slabs are:160000 to 500000:10%
500001 to 800000:20%
800001 and above:30%
Infact those who earn more than 3 lac will also find that whatever they have gained/saved through direct taxes is lesser then what they stand to loose through indirect taxes.
Hence this budget further aggravates the sufferings of common man.
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