This Article is From Feb 01, 2022

E-Passports, 5G, Battery Swapping: The Budget For You

Budget 2022: From 5G services to battery swapping for EV vehicles to e-passports, budget announcements for you and me

E-Passports, 5G, Battery Swapping: The Budget For You

Union Budget: Finance Minister Nirmala Sitharaman presented the Budget 2022.

From 5G services to battery swapping for EV vehicles to e-passports, budget announcements for you and me

Here is what this budget has for you

  1. Tax slabs remain unchanged, but taxpayers can now file updated income tax returns within two years in a one-time window.

  2. 5G mobile services to be rolled out within 2022-23

  3. E-passports with embedded chips and futuristic technology to be rolled out next year.

  4. In boost to EV sector, battery swapping policy to be introduced

  5. A 30 per cent tax will apply on income from the sale or acquisition of virtual and digital assets such as cryptocurrency.



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