Budget 2012: Reactions from the common man

Finance Minister Pranab Mukherjee announced on Friday that personal tax exemption will be raised to Rs 200,000 in FY2012-13.

Here are some reactions from the man on the street:

ATUL JAIN, 30, businessman "We were expecting the tax slabs to go up to Rs 3 lakhs - it's not up to expectations."

BHANU PRATAP SINGH, 33, life insurance exec "The past four years, the slab has been increased by Rs 20,000 whereas incomes are rising faster than that. I'm not satisfied."

KUNAL, Marketing exec, 30 The average income of people is more than Rs 2.5 - 3 lakh. So the increase in the tax slabs is not enough

TANMAY GAUTAM, 33, Banker Our take-home salaries will increase. Even Rs 5,000-10,000 more each month is great because it helps in personal expenditure, children education and other things

RAHUL NAIR, 30, Banker "It will add around Rs 45,000 per annum to my income and seeing inflation and salary hikes. It is a good move"

ANUPRIYA KUMAR, 26, journalist "(I) had hoped for tax slabs to be raised to Rs 3 lakh. Rs 2 lakh is no improvement at all. Govt's messed up its finances over the past year so obviously cannot announce too many incentives. Excise duty up, service duty up as well -- things will be more expensive. Stupid, ineffective budget."

GANESH SINGH MEHRA, 35, works at Delhi Secretariat "We are fourth class employees and earn Rs 15,000 a month. It is not enough because the government doesn't pay us so much and we are still in the tax bracket."

DEEPAK SHARMA, 25, Assistant Manager at an MNC "In my salary bracket, this budget will not make much of a difference, but it will help those employees who earn between Rs 8-10 lakhs."

PRINCE MADAN, 44, works at Mitsubushi "There is going to be savings of around Rs 22,000 per annum. But indirect taxes have gone up by 2% so your savings are kind of nullified."