Budget 2022: What common man needs to know | Top points
2 years, 10 months ago

Budget 2022: What common man needs to know | Top points

India TV News  

Highlights Finance Minister Nirmala Sitharaman presented Budget 2022 today Tax slabs remain unchanged but govt announced major boost for infrastructure projects Introduction for digital or virtual currency like cryptocurrency was among key announcements Finance Minister Nirmala Sitharaman on Tuesday presented Union Budget 2022-23 amid slogans, applauses in the Lok Sabha during her 90-minute budget speech in rapt attention. There were many new announcements like an introduction to the cryptocurrency, chip-embedded passports, 400 Vande Bharat trains, focus on boosting infrastructure, railways, roads, employment, health, housing, however, tax slabs remained unchanged in terms of relief or increasing the burden on the common man. Tax slabs remain unchanged, however, taxpayers can now file updated returns within two years in a one-time window. What is going to be cheaper from now : Agriculture tools, lens of mobile camera module, mobile phone chargers, hearing devices, wearable electronic devices, chemicals for petroleum refining, cut and polished gemstones and diamonds, electronic items, steel scraps : Agriculture tools, lens of mobile camera module, mobile phone chargers, hearing devices, wearable electronic devices, chemicals for petroleum refining, cut and polished gemstones and diamonds, electronic items, steel scraps What's going to get costly : Duty on imported umbrellas increased, all imported items.

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