Budget 2012: Minor tweaks for retail investors not enough

The Budget has failed to make any major announcement for investors. What the budget has done is some minor tweaks here are there.

Although the finance minister has said that DTC would be introduced as soon as possible, he was clear that it would not come into effect from FY 2013.
The Budget has brought about some revisions to the income tax slabs for FY 2012-2013. Interest from saving accounts has also been made deductible upto Rs 10,000. However, these are just minor changes and are much below expectations.
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