Ankit Kumar Profile picture
Feb 1 5 tweets 2 min read
Budget 2022 Highlights & Important points:

1. Digital rupee to be launched using Blockchain Technology by the Central Bank.

2. Gain on Digital Assets to be taxed at flat 30% and 1% TDS on payments made on transfer of Digital Assets.

(1/5)
3. Income tax returns can be updated within 2 yrs of deadline.

4. No tax concessions / rebate for individuals. No change in Income tax Slabs.

5. Post offices to be digitalized & come on the core banking system.

(2/5)
6. Require spectrum auction for 5G rollout to be conducted in FY 22-23.

7. Public issue of LIC to be expected shortly.

8. India will manufacture 400 energy- efficient Vande Bharat trains in the next 3 years.

(3/5)
9. Rs. 48000 crore allocated for completion of 80 Lakh houses under PM Awas Yojana.

10. 25000 Km of national highways to be built in 2022-23.

11. Govt to pay Rs.2.37 lakh crore towards procurement of wheat & paddy under MSP.

(4/5)
12. 1 Class, 1 TV channel to be implemented to provide education to children to make up for loss of formal education due to covid.

13. E-Passports with embedded chip will be rolled out.

(5/5)
#Budget2022 #BudgetSession2022
#NirmalaSitharaman

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