UNION BUDGET 2022-23
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GST Collection For Jan 2022 Is Rs 1,40,986 Cr, highest since inception.
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So far, no mention of change in personal tax rates/slabs or increase in any exemption/deduction limits in FM’s speech.
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Long Term Capital Gains’ income to be taxed at 15%.
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Corporate Surcharge Reduced To 7%.
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1% TDS On Digital Payments.
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Income from virtual digital assets to be taxed at 30%.
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Allocation of Rs.48,000 crore for completing the construction of 80 lakh houses.