The Union Budget 2022 is a capex driven budget with a slew of measures across sectors, leaving no stone unturned, YS Chakravarti, MD & CEO, Shriram City Union Finance.
From green bonds to swappable batteries for electric vehicles, budget has pushed forward the agenda of sustainability
This year's Budget also emphasized on the startup ecosystem, Dinesh Agarwal.
Let us look at some of the key direct tax highlights of Budget 2022 and how it could impact.
We are also very pleased to note that, 100% of 1.5 lakh post offices will come under core banking system, enabling financial inclusion which will be helpful for farmers and senior citizens in rural areas, Vishwas Patel said.
The budget proposes to set up 75 Digital Banking Units (DBUs) in 75 districts of the country by Scheduled Commercial Banks, SBI.
The extension on concessional tax rates for new manufacturing companies will help attract investment into strategically located industrial parks that are ideally positioned to enable speedier time-to-market.
Pandemic had adversely impacted the MSMEs; therefore, steps like the extension of ECLGS and enhancing entrepreneurship will be constructive in bolstering the MSME sector, Rakesh Singh.
The private sector is committed to nation building, job creation and will work with the government and the people of India to fulfill our goals, Anil Agarwal.
Rossari Biotech has cancelled the board meeting which was scheduled to be held on 29 January 2022

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