Budget 2022 Speech LIVE Updates: Tax on income from digital assests at 30%, announces Nirmala Sitharaman

State govt employees’ tax deduction limit increased from 10% to 14%

Both Centre and state government employees’ tax deduction limit to be increased from 10 percent to 14 percent to help the social security benefits of state government employees and bring them at par with the Central government employees, said Nirmala Sitharaman.