Education Budget Expectations 2022: Experts demand Revision of Tax Slabs, Revisiting High GST on Education Services

Budget 2022 Expectations: Union Budget 2022 will be presented by Finance Minister Nirmala Sitharaman on February 1, 2022. This year, the Finance Minister will be introducing the fourth budget of Modi 2.0 government. The budget session of the parliament will begin on January 31, 2022. Many expectations are riding on Union Budget 2022.

The experts are expecting the union government to make focused budgetary allocation for the edu-tech and healthcare sector and incentivise the sector through innovative fiscal policies. The experts are also expecting the government to revise the existing income tax slabs during this year's budget and also focus on boosting consumer demand and private investments and introducing relief packages to support the industries that have taken the hardest hit in the COVID-19 pandemic.