K. C. Mehta & Co. Chartered Accountants (Ahmedabad) Produces Synopsis of 2022 India Budget

Published on February 02, 2022

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The Finance Minister of India presented the 2nd paperless Union Budget on February 01, 2022. The proposals focus on making India self-reliant, in line with “Atmanirbhar Bharat” which is Indian Government’s vision. Direct Tax proposals include clarifications on various provisions, providing Covid-19 related benefits to individuals and to corporates, widening of tax base, provisions relating to Business Reorganisation, etc. Indirect Tax proposals include streamlining of various procedures in GST (especially on Input Tax Credit) and Customs and amendment to various Customs Duty rates.

Team KCM has put forth the attached publication ‘KCM Synopsis’ on the key amendments proposed in the Union Budget 2022. We hope you find the same useful. 

Please note that this publication is intended to provide you with a quick overview of the key amendments in Direct and Indirect Taxes. KCM’s detailed publication on Analysis of India Budget 2022 shall be released soon.

 

Download 2022 India Budget Synopsis-K. C. Mehta & Co. Chartered Accountants (Ahmedabad)