New Delhi, February 01, 2022: Reduction of sur-charge to 12% on Long Term capital Gains is welcome step.
Unintentional errors in Income Tax can be corrected by filing updated return within 2 years from the end of Assessment year – This is a positive change.
Department to wait before filing an appeal in higher court in respect of disputes of similar nature with regard to interpretation of law , in case cases of similar nature are pending in Supreme court / other courts – This is also a very good step .
Significant increase in Capital expenditure allocation by almost 35% will probably spur economic growth and create jobs.
Extension of emergency credit guarantee scheme till 31/03/2023 is a step in the right direction .
National Digital Health Ecosystem , National Tele Mental Health Programme – Very god initiatives if implemented well .
Corporate Comm India (CCI Newswire)
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