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Income from the transfer of any virtual digital asset shall be taxed at the rate of 30 per cent, plus 1% tax on transaction.
This Union Budget seeks to lay foundation & give blueprint of economy over ‘Amrit Kal’ of next 25 years – from India at 75 to India at 100
Any cess or surcharge on income not allowed as business expenditure
Income from Long Term Capital Gains will be taxed at 15%
Rs 48,000 crores allocated for completion of construction of 80 lakh houses under PM Awas Yojana in rural and urban areas in the year 2022-23
Corporate surcharge to be reduced from 12% to 7%