A Muted Budget: Hope to see strong follow ups?

The Union Budget left many with a sour taste, especially with expectations running high. Except for the FBT abolishment, the FM did not address most other 'expected' reform areas; in what suspiciously looked like a budget without a long term vision. Not many major structural changes that would suggest long term growth, were cited. Fiscal deficit, which was a major area of concern, disappointed; being pegged at a high 6.8% and with no major plans in the reckoning for reducing it. However, the budget did marginally satisfy the middle class with direct tax exemptions.

Here's a quick recap of the budget announcements and their likely impact-

Taming Taxes