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Budget 2022: Many believe exemption limit of Rs 2.5 lakh will go up

Budget 2022: Many believe exemption limit of Rs 2.5 lakh will go up: On February 1, when it presents the Union Budget for Fiscal Year 22-23 in the Parliament, the government may consider providing additional tax benefits to citizens in order to increase net disposable income and thereby stimulate demand. KPMG had conducted a survey on the expectations of Budget 2022. On the individual tax front, 64% of respondents anticipate an increase in the basic income tax exemption limit of Rs 2.5 lakh. When asked what the most anticipated change for indivi      Read More