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Budget 2022 highlights: Crypto, NFT under tax net; no change in income tax

Budget 2022 highlights: Key changes announced by Nirmala Sitharaman during the Budget 2022 speech

Union Finance Minister Nirmala Sitharaman holds a folder-case containing Budget 2022-23, in New Delhi (Photo: PTI)
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Union Finance Minister Nirmala Sitharaman holds a folder-case containing Budget 2022-23, in New Delhi (Photo: PTI)

BS Web Team New Delhi
Finance Minister Nirmala Sitharaman presented the Union Budget in Parliament and said the country's economic growth is expected at 9.2 per cent in the current financial year, on the back of a sharp rebound in the economy. Here are the key highlights of Budget 2022-23
 
Budget 2022 highlights: CAPEX, fiscal deficit

* Proposes fiscal deficit of 4.5% of GDP by 2025/26

* Projects fiscal deficit of 6.4% of GDP in 2022/23

* Revised fiscal deficit for 2021/22 at 6.9% of GDP

* Total expenditure in 2022/23 seen at 39.45 trillion rupees

* States will be allowed 4% fiscal

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