Finance Minister Nirmala Sitharaman presented Budget 2022 on Tuesday announcing that digital currency, 5G services will be launched by next year, new Vande Bharat trains but no change in tax slabs. Let s take a look at what a common man needs to know about Modi government s budget.
Prime Minister Narendra Modi on Tuesday said that budget 2022 brings in new hopes and opportunities for the people. It strengthens the economy; it s full of more infrastructure, more investment, more growth and more jobs .
In order to provide a level playing field between the co-operative societies and companies, the government proposes to reduce the Alternate Minimum Tax rate for co-operative societies to 15 per cent from the current 18.5 per cent, Finance Minister Nirmala Sitharaman announced.