Union Budget 2022 Highlights On Income Tax The Union Budget seeks to complement macro-economic level growth with a focus on micro-economic level all inclusive welfare. The Union Minister for Finance & Corporate Affairs, Smt Nirmala Sitharaman tabled the Union Budget 2022-23 in Parliament today. The key highlights of the budget are as follows: PART A India’s economic growth
The first is calibrating the fiscal deficit. It is now becoming increasingly evident that the recovery in FY22 has been concentrated onto the higher household income deciles and larger corporates
Industry experts are looking at a ‘One India One Tourism’ approach for the industry and increased allocation for the tourism ministry in the upcoming Union Budget among other incentives and sops for the sector.
The fintech sector expects liberalised tax regime, relaxation of norms and expects the FM to announce measures to ease the liquidity flow to non-banking finance corporations (NBFCs) and fintechs.