New Delhi: Budget 2026 has kept the standard deduction unchanged. This brings no fresh relief on this front for taxpayers. The same limits announced in the previous Budget will continue to apply for the financial year 2026–27. Standard deduction remains one of the few benefits available to salaried individuals and pensioners under the new 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…
Last Updated:January 21, 2026, 20:09 IST Budget 2026 may bring middle-class relief as experts urge adding home loan interest and Section 80D health insurance deductions to the new tax regime At present, most popular deductions are available only under the old tax regime. (AI-Generated Image) As the Centre prepares to present the Union Budget in…