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Union Budget 2022: Key takeaways from Nirmala Sitharaman's speech

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Google Oneindia News

New Delhi, Feb 01: Finance Minister Nirmala Sitharaman on Tuesday presented her fourth Union Budget in Parliament in a paperless format just like last year.

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  • No change in income tax slab
  • 8 million houses under PM Awas Yojana in 2022-23
  • Concessional duty on import of capital goods to be phased out
  • Tax exemption to start-ups extended to March 2023
  • Proposed to introduce Digital Rupee by RBI using blockchain technology, starting 2022-23
  • Financial support will be provided to farmers to take up agro-forestry
  • World-class university to be allowed in GIFT IFSC free from domestic regulation
  • Emphasis on EVs, many areas may soon become no-go zones
  • 5G mobile services rollout within 2022-23
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