Budget 2022 - Key Highlights
Top focus of the budget this year are: PM Gati Shakti, Inclusive Development, Productivity Enhancement, Sunrise Opportunities, Energy Transition, Climate Action, Financing of investments. No change in Tax slab. Taxpayers can file updated ITR within two year of relevant assessment year.📑 Surcharge on cooperative societies reduced to 12% for income of Rs 1 crore to 10 crore.✅ Budget proposes to reduce AMT to 15% for Cooperatives + surcharge reduced to 7%✅ No set off✖️ of any loss to be allowed against undisclosed income detected during Search. Digital ecosystem for skilling and livelihood to be launched. This will aims to skill, reskill, upskill citizens through online training.🧰 Battery swapping policy🔁 to allow EV charging stations🚥 for automobiles🚗 will be framed Private sector will be encouraged to create sustainable and innovative business models for battery and energy as a service,🚘 improving the efficiency in the EV ecosystem. Proposed to introduce Digita...