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This Article is From Feb 01, 2022

E-Passports, 5G, Battery Swapping: The Budget For You

E-Passports, 5G, Battery Swapping: The Budget For You
Union Budget: Finance Minister Nirmala Sitharaman presented the Budget 2022.
  1. Tax slabs remain unchanged, but taxpayers can now file updated income tax returns within two years in a one-time window.
  2. 5G mobile services to be rolled out within 2022-23
  3. E-passports with embedded chips and futuristic technology to be rolled out next year.
  4. In boost to EV sector, battery swapping policy to be introduced
  5. A 30 per cent tax will apply on income from the sale or acquisition of virtual and digital assets such as cryptocurrency.

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