Budget 2022: Proposed Changes related to Search and Seizure Provisions
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- By Taxmann
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- Last Updated on 24 June, 2022
Mohit Gupta
The Hon’ble Union Finance Minister Nirmala Sitharaman has presented the Union Budget 2022-23 of India on the 1st of February, 2022 with an aim to boost growth amid continued disruption from Covid-19 and rising inflation. The Hon’ble Finance Minister mentioned that the country is expected to grow at 9.27 per cent in the coming year with a focus on four pillars of development — inclusive development, productivity enhancement, energy transition and climate action.
In the Union Budget 2022-23 through Finance Bill 2022, among other tax measures, the Hon’ble Finance Minister recommended significant changes relating to Income Tax Search and Seizure provisions.
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