BUDGET BULLETIN

The Finance Budget 2022 is a fine balance between growth & development while maintaining stability in the economy. Where capex through introduction of various schemes has been proposed, the budget did not hand out any additional tax benefits for individual taxpayers. The tax rates for majority of taxpayers have been kept status quo from previous year. The Budget ensured the arrest of the ongoing recovery glide path by considering the complexity of evolving circumstances, keeping fiscal consolidation gentle, and investment-led economic growth for India’s better future.