BUDGET 2022

GDP NUMBERS Decline to 6.6% compared to a 7.3% contraction previously estimated for the FY21. Projected growth of 9.2% in the current FY.

FISCAL DEFICIT Pegged at 6.4% of GDP for FY2022-23 as the budget recognised the need to boost growth.

C – Capex Driven Growth H – Housing & Urban Planning A – Agriculture R – Railways I – Infrastructure S – Start Up India M – MSMEs A – Automation & Digital Economy T – Tax Reforms I – Initiatives C – Climate Change

A flat tax of 30% on any income from the transfer of any virtual digital asset or cryptocurrency.

Epassport , embedded with a chip , to be introduced for the convenience of overseas sales.

Rs 48, 000 crore is allotted for PM Awas Yojana & Rs.60,000 crores allocated for providing access to tap water to households.