Budget 2022 Wish list- what’s in store for working class

The Union Budget 2022, to be presented on February 1, 2022, is eagerly awaited by all sections to see what it entails for them in the year ahead. Everyone has their expectations and suggestions and industry experts say an important aspect that it should address is employment generation by giving a boost to major employment-generating sectors such MSMEs, textiles, hospitality and housing among others, as well as other measures on skill development and labour laws.
The salaried class and taxpayers, comprising mostly middle-class households, expect some measures from Finance Minister Nirmala Sitharaman in the Union Budget 2022-23 on February 1, two surveys revealed.
Consumers and salaried employees are also looking forward to tax-related benefits. “For consumers and salaried employees, simple tax-related benefits would be welcoming this year. On the business side, reduction in duties, concessions, simplified compliance measures, investment incentives, and state-sponsored programs to boost manufacturing, are all desirable steps to keep up the momentum of growth,” says CEO of BCT Digital Jaya Vaidhyanathan.

English »