💨 Abstract

India's Budget 2022-23 aims to advance the vision of a self-reliant and developed India (Viksit Bharat), focusing on progress, inclusivity, and efficiency. It increases capital expenditure on infrastructure, promotes manufacturing, and creates an investor-friendly environment. Personal income tax reforms offer relief to the middle class, and tax certainty for foreign investors and multinational enterprises.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖