Press Release

#AatmanirbharBharatKaBudget pic.twitter.com/UriNd3J3wj

— MyGovIndia (@mygovindia) February 1, 2022

Gross #GST collection for Jan 2022 is Rs. 1,40,986 crores - highest since inception of GST

This has been possible due to rapid #EconomicRecovery post #COVID19, as well as due to various policy, administrative measures taken by Centre & states

- FM informs Parliament#Budget2022 pic.twitter.com/omqEVpcj2b

— PIB India (@PIB_India) February 1, 2022

#AatmaNirbharBharatKaBudget

📍Taxation of Virtual #DigitalAssets:

🔸Any income from transfer of any digital virtual asset to be taxed @ 30%

🔸Loss from transfer of virtual digital assets cannot be set off against any other income#UnionBudget #UnionBudget2022 pic.twitter.com/rRuzV90LGk

— Ministry of Information and Broadcasting (@MIB_India) February 1, 2022

To encourage the efforts for blending of #Fuel, unblended fuel to attract an additional differential excise duty of Rs. 2/litre from October 1, 2022 #Budget2022 #AatmanirbharBharatKaBudget https://t.co/nOc0qrDBSn

— PIB India (@PIB_India) February 1, 2022

To incentivize #Exports, exemptions being provided on,

embellishment, trimming, fasteners, buttons, zipper, lining material, specified leather, furniture fittings, packaging box that may be needed by bonafide exporters of handicrafts, textiles, leather garments etc.#Budget2022

— PIB India (@PIB_India) February 1, 2022

#Budget2022

Smt. #NirmalaSitharaman announced financial assistance for states to boost economic growth and open new investment avenues.#AatmanirbharBharatKaBudget @FinMinIndia @nsitharaman @nsitharamanoffc @DPIITGoI pic.twitter.com/TWKlqSeZJL

— Invest India (@investindia) February 1, 2022

Customs duty rates will be calibrated to facilitate domestic manufacturing of wearable devices, hearable devices and electronic smart meters, and to enable domestic manufacturing of high growth #Electronic items #Budget2022 #AatmanirbharBharatKaBudget

— PIB India (@PIB_India) February 1, 2022

Customs duty on cut and polished diamonds and gemstones is being reduced ⬇️to 5%

Simply sawn diamond to have nil customs duty

To facilitate export of jewellery through e-commerce, a simplified regulatory framework to be implemented by June this year #Budget2022

— PIB India (@PIB_India) February 1, 2022

#Budget2022

Smt. #NirmalaSitharaman underlined measures to enhance the ease of tax compliance for India's citizens.#AatmanirbharBharatKaBudget #DigitalIndia @FinMinIndia @nsitharaman @nsitharamanoffc @DPIITGoI pic.twitter.com/wayJgvIeFb

— Invest India (@investindia) February 1, 2022

Concessional rates in capital goods, project imports to be phased out gradually

A moderate tariff of 7.5% to be applied, to promote growth of domestic capital goods sector

Certain exemptions for advanced machineries not
manufactured within the country will continue#Budget2022

— PIB India (@PIB_India) February 1, 2022