Key Highlights of Union Budget - 2022 - Read what our Finance Minister said on Budget

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Budget 2022: PAPERLESS BUDGET

✓ Union Budget 2022-23 is presented in paperless form. 
✓ It is available on the mobile app after it is presented in Parliament

What were  your expectations from Budget 2022?

In every budget, expectations are very high. But this time, our policymakers are trying to find a way to put the economy back on track.


Some Points of  BUDGET 2022:

✓ Public issue of LIC is expected shortly. Others are also expected shortly. 
This budget will continue to provide impetus for growth- futuristic & inclusive.

✓ Budget2022 to focus on 4 pillars - productivity, climate action, financing investments & PM Gati Shakti plan.

✓ Budget has steps to boost transport & logistics. 

✓ To introduce 400 new-gen Vande Bharat trains to be mfd in next 3 years. 

✓ 2,000 kms will be brought under new scheme called 'Kavach', says FM.


Important  Key Highlights of Budget 20222:

> India FIN MIN says 480B rupees to be set aside for affordable Housing Scheme

> India plan to make IT infrastructure for Health nad infra

> Battery swapping policy will be launched

> Indian to Auction to 5G spectrum in 2022

> Govt commitment to reduced import in defence Defence allocation 58%

> India plans ADDL allocation of 195B rupees on solar PLI

> Inida to use BIO PELLETS in Thermal Power Plants

> India to launch Piolt Projects for Coal Gasification

> India to replace SEZ Act with new Legislation

> Sovereign Green Bonds will be part of overall market borrowing

> Encourage sunrise sector Govt to promote Thematic Funds for Blended Financ

> India to launch central bank digital currency

> Propose to increase tax Deduction limit for Employer contribution by state Govt  Employees

> Crypto Income form virtual Digital Assets to be Taxed at 30%

> CAP surcharge on Long term capital gain 15%

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