Hike in Income Tax exemption limit to two lakh rupees, 20 percent slab increased to 10 lakhs rupees, 10 thousand rupees deduction on savings bank interest.Concessions to infrastructure, manufacturing sectors, textiles and small scale and medium industries.Tax relief to Airlines.Service tax and excise duty on non-petroleum goods to go up from 10 to 12 percent; All services in the tax net except those in the negative list; No change in the peak customs duty of 10 percent. Cheaper loan to farmers to continue, Reduction of customs duty to 2.5 percent to agro processing industries; Plantation, processing machinery, water soluble and liquid fertilizers to be cheaper; Smart Kisan cards to farmers for use in ATMsLCD and LED TV, mobile phones, energy saving lamps, hybrid vehicles to cost less. Gold, large cars, utility vehicles, readymade garments to cost more; Silver to cost less; Commercial vehicles to be cheaper; Customs duty on bicycles hiked. Higher duty free baggage allowances to 35,000 rupees to travelers going abroad. Smokers to pay more, coffee to cost less.Exemption of counter veiling duty on ships and vessels.Cheaper life saving drugs, iodized salt, soya protein and probiotics to boost nutrition.Cheaper housing for low income groups, hike in monthly pension to 300 rupees for BPL widows.Higher cess on crude oil productionMeasures to bring out unaccounted money and white paper on black moneyIncreased allocation to social sector, New Rajiv Gandhi Equity Saving Scheme.30 thousand crore rupees disinvestment target.Doubling of tax free bonds to finance infrastructure.Fiscal deficit pegged at 5.1 percent of GDP and over 1,85,000 crore rupees revenue deficit are the highlights of the union budget for 2012-13.