There are no concessional slab rates or separate slab benefits for seniors under new regime It's Budget time, and the attention will once again be on income tax slabs when Finance Minister Nirmala ...
B. Shravanth Shanker, managing partner at B. Shanker Advocates LLP, says middle-income salaried taxpayers benefit where ...
Finance Minister Nirmala Sitharaman unveiled a raft of tax measures in her Budget 2026 speech in Parliament on Sunday, February 1. While presenting her ninth consecutive Union Budget, she announced ...
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 ...
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How income tax is calculated in India after budget 2026?
The new tax framework will be finalised after the Union Budget on February 1, 2026. Legal and procedural changes have clarified how taxable income, deductions and credits are computed.
Income Tax Calculator as Per New tax regime vs Old tax regime: Finance Minister Nirmala Sitharaman announced no changes to income tax slabs for FY 2026-27. Individual taxpayers in the old regime pay ...
Budget 2026 tax calculator: How much a Rs 20 lakh salaried taxpayer saves under new regime (Image: AI-generated image) For middle-class taxpayers, Union Budget 2025 marked a decisive shift in personal ...
Income Tax Slabs Budget 2026 Highlights: No Change In Tax Slabs, Buyback To Be Taxed As Capital Gain
Union Finance Minister Nirmala Sitharaman announced that the New Income Tax Act will come into effect on April 1, with rules ...
The Government of India levies tax upon the income of salaried and self-employed citizens of all age groups. Once you figure out which tax slab you fall under as per your tax regime, it becomes easier ...
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Budget 2026: Take home salary calculator for CTC of Rs 10 lakh, 12 lakh, 15 lakh and 20 lakh
Budget 2026 brings no changes to tax slabs or deductions. However, new labor codes are set to be implemented. This will affect take-home salaries for individuals with Cost To Company packages ranging ...
Finance Minister Nirmala Sitharaman's Budget 2026 speech brought no changes to debt mutual fund taxation, maintaining taxation at slab rates. Recent amendments, particularly from Budget 2024, reduced ...
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