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Union FM says: In the third year of the pandemic, fiscal policy must exit from short-term relief measures with phasing out of the pandemic era exceptional expenditure support. As such, the focus must continue to remain on pushing the durable engine......read more
Project imports and capital goods till 2025 , reasonable tariff needed, phasing out the concessional duties on capital goods, To encourage domestic manufacturing of goods
Tax relief for person with a disability- Available to Parent/guardian of the differently-abled- Payment of Annuity or Lumpsum during the lifetime of parent or guardian, once parent or guardian has attained 60 years of age.
NPS deduction- threshold limit increased from 10% to 14% for state government employees. It enables parity between employees of Central and State government employees.
Tax on transfer of bitcoins and similar - 30% tax!
Taxation for virtual digital asset - shall be taxed at 30%, no deduction allowed or set off with other income is disallowed. Further, TDS at 1% above a threshold, any gift also proposed to be taxed in the hands of the receiver. E......read more
In 22-23, allocation of Rs.1 lakh crore to assist investment in states as a 50-year interest-free loan, over and above normal borrowings for the states
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