Opinion
14hon MSNOpinion
Move 30% tax slab to Rs 40 lakh income: Four compelling reasons why Budget 2026 should revise 30% tax slab in new income tax regime
From an income tax perspective, the new Income Tax Act, 2025, scheduled to be effective from 1 April, 2026, simplifies language, removes obsolete provisions and consolidates and restructures ...
As India prepares for the Union Budget 2026, here’s a quick run-down of income tax slabs under both old and new regimes— highlighting key differences in rates, exemptions, and deductions for taxpayers ...
The latest income tax slabs specify the tax rates applicable to different income levels for individuals in India. They also determine the income threshold up to which no tax is payable, the rates ...
As Budget 2026 draws closer, expectations are rising that the government may simplify personal income tax the way it streamlined GST. With GST moving towards fewer, broader rates over the past year, ...
As the Finance Minister readies Budget 2026, salaried taxpayers remain split on whether lower rates can truly replace deductions ...
With peak personal income tax rates touching 42.7% for high earners, experts say India risks squeezing consumption, ...
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