Budget

Reduction in MAT for Cooperative Societies : Union Budget 2022

Reduction in MAT for Cooperative Societies Union Budget 2022

On February 1st, 2022, the Finance Minister delivered the Union Budget 2022. There were no adjustments to the tax slab rates for individual taxpayers, but the budget speech introduced new tax laws for cooperative societies. Let’s understand the latest update for Reduction in MAT for cooperative societies. What is a Cooperative Society? Members of a … Read more

ECLGS Scheme for MSME Registration Extended upto next year

ECLGS Scheme for MSME Registration Extended upto next year

The 2022 budget focuses on ‘digital and technology and areas including infrastructure, health, education, and the supply of e-services to the massive population. The Union Budget 2022-23 also brings several new updates for MSMEs. In this article, you will understand ECLGS Scheme for MSME Registration and other important updates in Union Budget 2022-23 for MSMEs. … Read more

Union Budget 2022 Highlights

Union Budget 2022 Highlights

A version of the Union Budget for the year 2022 was unveiled on February 1 by Finance Minister Nirmala Sitharaman. Sitharaman, India’s Finance Minister, delivered the Union Budget 2022 to Parliament. In honor of “Azadi ka Amrit Mahotsav 2022,” the budget has been termed the “Amrit Budget.” According to the Finance Minister, India’s GDP growth … Read more