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SUMMARY BUDGET

~ Digital Rupee to be rolled out by 2023
~ ePassports will be rolled out in 2022-23 for convenience in overseas travel
~ For urban capacity building, modernization of building by laws, town planning schemes and transit oriented development will be implemented.
~Centres of Excellence will be established with an outlay of 250 crore for urban sector development.
~ Battery Swapping Policy will be brought out and inter operational service will be formulated.
~ 'One Nation, One Registration' will be established for anywhere registration to facilitate ease of living & doing business.
~ 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.
~ India to launch sovereign green bonds
~5G spectrum auctions to be conducted this year
~ ECLGS scheme extended till March 2023
~ Capital expenditure is being stepped up to Rs 7.5 lakh crore
~ For urban capacity building, modernization of building by laws, town planning schemes and transit oriented development will be implemented.
~ Centres of Excellence will be established with an outlay of 250 crore for urban sector development.

INDIA BUDGET: PROPOSE SCHEME TO TAX VIRTUAL DIGITAL ASSETS TO 30%

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👉🏻 Revised Income tax return can be filed within 2 Years from end of AY

👉🏻 AMT reduced for Co-Operative Societies from 18.5% to 15%

👉🏻 Surcharge on Co-Op societies reduced to 7% from 12%

👉🏻 NPS ( Currently 10% of Salary ) - for State govt. Employee - increased to 14% of salary

👉🏻 Incentive for Startups benefits allowed to start up incorporated before (Earlier 31-3-2022 extended to 31-3-2023)

👉🏻 Sec. 115 BAB date of commencement of manufacture extended to 1 More year.

👉🏻 Virtual digital Assets : - Taxed at 30% ,
No expenses allowed,
Loss can not be allowed,
TDS @1% of consideration ; Gifting digital Virtual assets taxable

👉🏻 AOP Surcharge reduced to 15% from 37%

👉🏻 Education cess on income tax not allowable as expense ( Just a clarification)

👉🏻 Undisclosed income during search and survey - Set off of any loss not allowable

👉🏻 TDS on Benefits transferred to agent Exceeding Rs. 20000

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Get the Latest Recordings for June 2022 for
CS Executive Group 2 - and Experience Quality Teaching

How do I purchase
Visit - www.jahangirtutorials.com
Or
From " Jahangir Tutorials" mobile app

~ English Lectures Available ~

You can also contact us on -
+91 70218 55052 / +91 97692 97903

Jahangir Tutorials - Best Classes for CS

Demo Videos on "Jahangir Tutorials " YouTube Channel

Get the Latest Recordings for June 2022 for
CS Executive Group 2 - and Experience Quality Teaching

How do I purchase
Visit - www.jahangirtutorials.com
Or
From " Jahangir Tutorials" mobile app

~ English Lectures Available ~

You can also contact us on -
+91 70218 55052 / +91 97692 97903

Jahangir Tutorials - Best Classes for CS

Demo Videos on "Jahangir Tutorials " YouTube Channel

Get the Latest Recording for June 2022 for
CS Professional - Secretarial Audit and Due Diligence Subject (Group 2 ) and Experience Quality Teaching

How do I purchase
Visit - www.jahangirtutorials.com
Or
From " Jahangir Tutorials" mobile app

~ English Lectures Available ~

You can also contact us on -
+91 70218 55052 / +91 97692 97903

Jahangir Tutorials - Best Classes for CS

Demo Videos on "Jahangir Tutorials " YouTube Channel

Get the Latest Recordings for June 2022 for
CS Executive Group 2 - and Experience Quality Teaching

How do I purchase
Visit - www.jahangirtutorials.com
Or
From " Jahangir Tutorials" mobile app

~ English Lectures Available ~

You can also contact us on -
+91 70218 55052 / +91 97692 97903

Jahangir Tutorials - Best Classes for CS

Demo Videos on "Jahangir Tutorials " YouTube Channel

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Get the Latest Recordings for June 2022 for
CS Executive Group 2 - and Experience Quality Teaching

How do I purchase
Visit - www.jahangirtutorials.com
Or
From " Jahangir Tutorials" mobile app

~ English Lectures Available ~

You can also contact us on -
+91 70218 55052 / +91 97692 97903

Jahangir Tutorials - Best Classes for CS

Demo Videos on "Jahangir Tutorials " YouTube Channel

Subscribe to "Jahangir Tutorials" YouTube Channel .
Provides Quality Coaching for Company Secretary Course at All Levels .
Experience Quality Teaching.

~ English Lectures also Available ~

To purchase videos lectures

Visit - www.jahangirtutorials.com
Or
From " Jahangir Tutorials" mobile app

You can also contact us on -
+91 70218 55052 / +91 97692 97903

Jahangir Tutorials - Best Classes for CS

Subscribe to "Jahangir Tutorials" YouTube Channel .
Provides Quality Coaching for Company Secretary Course at All Levels .
Experience Quality Teaching.

~ English Lectures also Available ~

To purchase videos lectures

Visit - www.jahangirtutorials.com
Or
From " Jahangir Tutorials" mobile app

You can also contact us on -
+91 70218 55052 / +91 97692 97903

Jahangir Tutorials - Best Classes for CS

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Subscribe to "Jahangir Tutorials" YouTube Channel .
Provides Quality Coaching for Company Secretary Course at All Levels .
Experience Quality Teaching.

~ English Lectures also Available ~

To purchase videos lectures

Visit - www.jahangirtutorials.com
Or
From " Jahangir Tutorials" mobile app

You can also contact us on -
+91 70218 55052 / +91 97692 97903

Jahangir Tutorials - Best Classes for CS

Subscribe to "Jahangir Tutorials" YouTube Channel .
Provides Quality Coaching for Company Secretary Course at All Levels .
Experience Quality Teaching.

~ English Lectures also Available ~

To purchase videos lectures

Visit - www.jahangirtutorials.com
Or
From " Jahangir Tutorials" mobile app

You can also contact us on -
+91 70218 55052 / +91 97692 97903

Jahangir Tutorials - Best Classes for CS

Subscribe to "Jahangir Tutorials" YouTube Channel .
Provides Quality Coaching for Company Secretary Course at All Levels .
Experience Quality Teaching.

~ English Lectures also Available ~

To purchase videos lectures

Visit - www.jahangirtutorials.com
Or
From " Jahangir Tutorials" mobile app

You can also contact us on -
+91 70218 55052 / +91 97692 97903

Jahangir Tutorials - Best Classes for CS

Subscribe to "Jahangir Tutorials" YouTube Channel .
Provides Quality Coaching for Company Secretary Course at All Levels .
Experience Quality Teaching.

~ English Lectures also Available ~

To purchase videos lectures

Visit - www.jahangirtutorials.com
Or
From " Jahangir Tutorials" mobile app

You can also contact us on -
+91 70218 55052 / +91 97692 97903

Jahangir Tutorials - Best Classes for CS