Budget 2022: Tax Incentives for Co-ops AMT to be cut to 15%

Budget 2022: Tax Incentives for Co-ops AMT to be cut to 15%

Deepak Gupta | Feb 1, 2022 |

Budget 2022: Tax Incentives for Co-ops AMT to be cut to 15%
Budget 2022: Tax Incentives for Co-ops AMT to be cut to 15%
The Finance Minister Nirmala Sitharaman is presenting her fourth Union Budget in Parliament in a paperless manner, like she did last year. Domestic and foreign investors, as well as other interest groups such as farmers, crypto investors, worried middle class and business organisations, as well as MPs, will be watching the Budget address closely.
  • Alternate Minimum Tax for cooperative societies to be cut to 15%.
  • Proposal will reduce surcharge on cooperative societies to 7%, for those whose income is between Rs 1 crore and Rs 10 crore.

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Deepak Gupta
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CA Deepak Gupta,is Co-founder of Studycafe. He is Microsoft Office Specialist and Corporate Trainer of AI Tools, Microsoft Excel. He is Finance Influencer having more than 250K followers on Social Media. CA Deepak Gupta, is Having more than 14 plus years of experience, and he has Worked with best brands Like, Hero, Wipro, Ericsson before Starting Studycafe. He has Trained more than 20000 Persons in Microsoft Excel, PowerPoint, Power BI, Google Sheet, Google Forms and Other Tools.

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