Budget 2022-23 - Quick Updates

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....udget 2022-23 - Quick Updates<br>By: - CSSwati Rawat<br>Budget - Tax Proposals<br>Dated:- 1-2-2022<br><br>New Budget so far * 2 lakhs crores additional help for MSMEs. * Public Issue of LIC is ex....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....pected shortly. * Credit-Linked Guarantee Scheme extended till March 2023. * One class-one TV channel and 200 TV channels to provide education in all Regional languages. * A Digital University w....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ill be set up for higher education. * 80 Lakhs homes to be completed under PM Aawas Yojna. * Maximum Governance, minimum Government - Doing business Easily 2.0 to be launched. * E-Passports intr....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....oduction - Using embedded chip to be rolled out in 2022. * Green Clearance Portal scope to be expanded. Direct Tax: * Minimum Alternate Tax for cooperatives reduced to 15% * Updated Return can ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....be filed within 2 years from the end of relevant assessment year. * Tax incentives for new start ups extended by 1 year. * Corporate Tax reduced to 15% from 18% * Long term capital gains to be t....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....axed at 15 % * 30% tax on vertical digital asset after deducting the cost of acquisition, no other deductions permitted<br> Scholarly articles for knowledge sharing by authors, experts, professional....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....s ....