Budget 2026-27 keeps income tax slabs unchanged. Both Old Tax Regime and New Tax Regime remain, with the new regime as default and Rs 12 lakh income effectively tax-free.
Many investors rush to buy tax-saving products under the old tax regime without checking whether those investments match their long-term goals. With the new tax regime offering lower rates but fewer ...
From April 1, 2026, taxpayers will operate under a cleaner, simpler Income Tax Act that keeps tax rates intact but makes ...
The old tax regime rewarded disciplined investing. Every contribution not only built a long-term corpus but also reduced tax ...
Old tax regime or new tax regime? Here’s a detailed comparison of income tax slabs, deductions, exemptions, and which option works better for salaried taxpayers ahead of Budget 2026.
This guide breaks down India’s income tax system, including tax heads, old vs new regimes, and core principles like equity and ...
ELSS funds are popular for tax savings under Section 80C, offering a blend of equity exposure and long-term growth potential. Their 3-year lock-in period promotes discipline in investing, making them ...
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Budget 2026: Indian FM’s huge income tax announcement | Latest slabs, old & new regime rates
Finance Minister Nirmala Sitharaman has kept income tax slabs unchanged for FY 2026–27, continuing the same structure that applied in FY 2025–26 under both the new tax regime and the old tax regime.
New draft tax rules for 2026 will require salaried individuals claiming House Rent Allowance to disclose their relationship ...
Annual income of up to Rs 12 lakh: The new regime results in zero tax because of the interplay between rebate and standard deduction. Annual income of Rs 15–30 lakh, the gap remains wide unless the ...
Both offer tax benefits, making them attractive to investors looking to save on taxes. While PPF is a long-term savings ...
Draft Income-tax Rules 2026 propose raising the meal voucher exemption to Rs 200 per meal, allowing salaried employees to claim up to Rs 1.05 lakh tax-free annually, subject to regime rules.
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