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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