Budget 2026 income tax expectations: Will FM Nirmala Sitharaman reduce the number of tax slabs under the new income tax ...

The latest income tax slabs specify the tax rates applicable to different income levels for individuals in India. They also determine the income threshold up to which no tax is payable, the rates ...

Union Finance Minister Nirmala Sitharaman will present the Budget for FY 2026-27 on Sunday, February 1, 2026, at 11 am. Indian taxpayers are hopeful that Budget 2026 will bring further relief through ...

As the Finance Minister prepares to present the Union Budget 2026 on February 1, the middle class and individual taxpayers have high hopes for more assistance. Following the significant revisions in ...

In the Union Budget 2025, the government offered a huge relief to the middle class by announcing that income up to Rs 12 lakh ...

Higher LTCG exemption, ₹1 lakh standard deduction, slab rationalisation, 80D inclusion under new tax regime and housing affordability are the major expectations in Union Budget 2026.

In the previous Union Budget, the Section 87A rebate was reworked to directly benefit low- and middle-income earners, ...

Pravin Kaushal writes that joint tax smoothens disparities between high- and low-earning spouses by averaging income across ...

Tax experts advocate increasing India's 30% tax slab from Rs 24 lakh to Rs 35 lakh to counter inflation, boosting ...

Budget 2026 income tax: Will FM Nirmala Sitharaman announce changes in the new income tax regime, which more taxpayers are ...

The Institute of Chartered Accountants of India (ICAI) has proposed introducing optional joint taxation for married couples ...

At present, India’s income tax system is entirely based on individual taxation, wherein each taxpayer is entitled to a separate basic exemption limit and ...