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Budget 2022 Live Updates: Gst Revenue Of Rs 1.40 Lakh Crore, No Income Tax Relief, 30% Tax On Crypto Earnings

Budget 2022 Live Updates: Gst Revenue Of Rs 1.40 Lakh Crore, No Income Tax Relief, 30% Tax On Crypto Earnings Amid expectations, Finance Minister Nirmala Sitharaman has presented her fourth budget. He spoke in Parliament for 90 minutes. The two biggest advertisements were in the digital sector. While this budget was a disappointment to the middle class. No relief has been given in the income tax slab in this budget, so the middle class, which is the BJP’s big vote bank, is very upset with this budget.

Budget 2022 Live Updates: Gst Revenue Of Rs 1.40 Lakh Crore, No Income Tax Relief, 30% Tax On Crypto Earnings

mportant budget matters

Customs duty on gems and jewelery reduced Sitharaman said the tax on electronics would be waived, while the duty on gems and jewelery and customs has been reduced to 5 per cent. Customs duty on steel and scrap has been extended for one more year.

7.55 lakh crore investment for investment helps boost employment for both large enterprises and MSMEs. This is necessary to come out of the effects of the epidemic. The capacity of private investors will be increased. For this, a provision of Rs 7.55 lakh crore has been made in the central budget from Rs 5.54 lakh crore. Sovereign green bonds will be issued in view of climate change. The proceeds will be used for projects that will help reduce carbon emissions. Industry will be developed for semiconductor manufacturing, which will also boost exports.

The RBI will announce the digital currency this year using the digital currency blockchain and other technologies that will be launched this year. This will boost the economy. Earnings from cryptocurrencies will be taxed at 30%. The Finance Minister said that the taxation of virtual digital assets has been changed. Transfer of any such property will be taxed at 30%. No discounts. Corporate tax has been reduced from 18% to 15%.

Gaming and animation will become part of the economy This will include interactions with the AVGC Promotion Task Force and each of its affiliated stockholders. Plans will be made to meet the needs of the market and the global market to the best of our ability.

MSMEs will launch new schemes to strengthen the 6,000 crore MSMEs (Ministry of Micro, Small and Medium Enterprises). 6000 crore will be given in 5 years. Udayam, e-Shram, NCS and Asim Portal. This will increase their chances. It will now be a platform working with Live Organic Database. This will provide credit facilities and increase the potential for entrepreneurship..

Expansion of PM e-Vidya program The school was closed during the epidemic and the children of the village were deprived of education for two years. Channel will now be increased from 12 to 200 under a one-class TV channel program for such children under PM e-Vidya. These channels will be in all languages. The help of technique will be taken to promote vocational education. A digital university will be established.

Advertising for employment and the poor will become an express under the PM Gati Shakti Master Plan. The national highway network will be extended to 25 thousand kilometers. A provision of Rs 20,000 crore has been made for this mission. Our focus is on creating 6 million new jobs. With this we will build 80 lakh houses for the poor. An e-passport will be announced in 2022-23, which will also have a chip.
Battery can be exchanged in e-vehicle. In many places e-vehicle charging is not available, so it will be possible to exchange batteries.

Farmer drones will help in agriculture. Drone technology will also be used in agriculture. Farmer drones will be used. This will be followed by crop evaluation, soil measurement, spraying of pesticides.

Only 400 new generation Vande trains will run 400 new generation Vande Bharat trains will be running in the next 3 years. In the meantime, 100 Prime Dynamic Cargo Terminals will also be constructed. Special innovative routes will also be built for the construction of this metro system.

Organic farming on the banks of the Ganges will now promote organic farming. State governments will be encouraged to add farming courses to their syllabus. Natural farming around the Ganges corridor will be promoted. Small businesses will be helped by a credit guarantee scheme.

Important Links

Budget 2022 Live Update In Gujarati

Budget 2022 Live Update Aaj Tak T.V

Budget 2022 Live Update Sandesh T.V

Nectar budget First of all, I would like to express my condolences to those who have been affected by the Kovid epidemic. We are celebrating the nectar festival of independence and this is the nectar budget. Our government will make every effort to fulfill the vision of the Prime Minister. Our government is focusing on empowering citizens, especially the poor. We are committed to empowering the poor. I am presenting a blueprint from 75 years to 100 years of independence.

Updated: February 1, 2022 — 5:26 pm

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