Will the Government abolish Income Tax? This question pops up once in a while in the public domain. To answer this, here is the estimated total Tax revenue of the Union Government for FY23 – Corporate Tax (Tax paid by business entities) Rs.7,20,000 Crores Income Tax (Tax paid by salaried …
Read More »An overview of Digital Budget 2022
FM read out the speech from a digital tab and most of the contents of the speech referred to digitization. It is indeed a digital budget both in words and spirit. Amrit Kaal from India @ 75 to India @ 100 is the vision statement of this budget. The budget …
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