Budget 2022 expectations: Education sector seeks tax concession, low cost loans and expansion of 80C deductions

The government has been emphasizing the setting up of National Digital Educational Architecture and is focusing on the development of the country's digital infrastructure for the implementation of NEP 2020. However, innovation and emerging tech-based ed-tech enterprises continue to pay GST at 18%, unlike conventional school education, which has been excluded from GST. Reducing the taxation percentage will play a huge role in reaching learners from various strata of society,

The government has been emphasizing the setting up of National Digital Educational Architecture and is focusing on the development of the country’s digital infrastructure for the implementation of NEP 2020. However, innovation and emerging tech-based ed-tech enterprises continue to pay GST at 18%, unlike conventional school education, which has been excluded from GST. Reducing the taxation percentage will play a huge role in reaching learners from various strata of society,

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