Union Budget 2022-23

*Defence R&D to be opened up for statrtups, industry and academia

*Allocation for Emergency Credit Guarantee Scheme for MSMEs increased by Rs50K Cr

*Incentive of tax deduction increased by one year for incorporation of startups

*Crypto, NFTs and other Virtual Digital Assets will now be taxed flat at 30%

*Announcement of Digital Rupee using Blockchain Technology which is to be issued by RBI

*India to post 9.2% GDP Growth-Highest among major economies

*5G Spectrum Auctions to be conducted this year. 5G services launch in India by 2023

*High quality e-content to be created for students of government schools

*400 new-gen 'Vande Bharat' trains

*National tele mental health programme to be launched

*Custom duty on cut and polished diamond, gems reduced to 5%

*E-passports with embedded chip

*Kisan drones for crop assessment, land records etc

*Two year window to file revised tax returns





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