With Budget 2026 approaching, income tax slabs are back in focus for salaried and middle-income taxpayers. While major rate changes are unlikely, understanding the current slab structure is crucial to ...

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 ...

Eligible deductions under various sections of the Income Tax Act can then be claimed, including Section 80C for Provident Fund, PPF or life insurance, Section 80D for health insurance premiums and ...

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 ...

As Budget 2026 draws closer, expectations are rising that the government may simplify personal income tax the way it ...