Budget 2022 expectation: Unify the old and new income tax regime, make tax forms simpler

Budget 2022 is just a week away. Expectations are high from all stakeholders given the hardship people have been facing since the last two years. The upcoming budget is also expected to be a populist budget as anticipated because five states are going to have elections soon after the budget. The big question: Will the government tinker with the new income tax slabs?

Moneycontrol spoke to three income tax experts and they have identified the three most important personal taxation proposals that Budget 2022 should pick up: