Budget 2022: An attempt to boost compliance2 min read . Updated: 02 Feb 2022, 08:50 PM IST
The Budget introduced many provisions to boost compliance and stem litigation for taxpayers
On the personal tax front, the Finance Bill 2022 has left individual taxpayers feeling bittersweet. Majority of them are left let down as none of their wish list items such as changes to tax slabs rates, increase scope of available tax deductions, tax relief on work from home expenses, increase in standard deduction limit, among other things, found a place in the Union Budget. However, some are just relieved that no additional taxes were introduced.
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