Budget 2022-23 - Quick Updates

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..... Budget 2022-23 - Quick Updates
By: - CSSwati Rawat
Budget - Tax Proposals
Dated:- 1-2-2022

New Budget so far * 2 lakhs crores additional help for MSMEs. * Public Issue of LIC is e .....

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..... xpected 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 .....

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..... will 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 int .....

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..... roduction - 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 .....

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..... 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 .....

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

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..... ls .....

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