Presenting the prime highlights of all the major Income Tax-related announcements from the union budget for 2022-2023. 

The latest Income Tax initiatives and allocations include;  

· Updated Returns 

· Tax Relief For People With Disability. 

· Deduction for NPS for State Government employees. 

· RBI Would Introduce Digital Currency Using Blockchain Technology. 

· Tax Imposed On The Transfer Of Virtual Digital Assets. 

· Surcharge On Long-Term Capital Gains On Any Assets To Be Capped At 15%.

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