New Delhi: Every year, when the Union Budget is presented, one question tops the mind of salaried individuals and middle-class families alike: what has changed in income tax slabs? Budget 2026 was no exception. As Finance Minister Nirmala Sitharaman unveiled the proposals for the Financial Year 2026–27, taxpayers across the country were keenly watching for…
Income Tax Slabs Budget 2026 Live Updates: With Budget 2026 just hours away, income tax remains a major talking point. Taxpayers and the middle class are expecting some measures and relaxations from Finance Minister Nirmala Sitharaman in taxes to boost their disposable income. Taxpayers are closely watching whether the government will scrap the old tax…
Last Updated:January 30, 2026, 19:22 IST Tax reliefs are deducted from your total annual income, while a tax rebate is applied after the tax is calculated. As Budget 2026 nears, here’s how tax relief and Section 87A rebate work. (Representative Image) Finance Minister Nirmala Sitharaman is set to present her ninth consecutive Union Budget on…
According to Rajeev Gupta, Executive Vice President & Business Head – Third Party Products, Religare Broking Ltd over the decades, India transform from a nation of savers to a powerhouse of investors. ”While the 2025 Budget was a landmark victory for the middle class, effectively making income up to Rs 12.75 lakh tax-free, the Union…