Budget 2026: What changes salaried person can expect in old and new tax regimes?

Budget 2026: What changes salaried person can expect in old and new tax regimes?

As India prepares for Budget 2026 on February 1, all eyes are on what provisions the government will announce for the salaried class. Experts indicate that while the old personal income tax regime is unlikely to be abolished suddenly, the government is expected to take steps to make the new tax regime more attractive. According to the Institute of Chartered Accountants of India (ICAI), this reflects a gradual policy shift, aimed at encouraging t…

Budget 2026 Income Tax Expectations: Top 4 Demands of Individual Taxpayers

Budget 2026 Income Tax Expectations: Top 4 Demands of Individual Taxpayers Finance Minister Nirmala Sitharaman will present the Union Budget 2026 at a time when very little feels predictable. Global markets remain jittery, regulatory frameworks are in constant change, and India itself is preparing for a paradigm shift with the new Income-tax Act scheduled to come […]

Understand Taxes Before Budget 2026: Direct or Indirect?

Union Budget 2026 is on the horizon, promising policy shifts that could redefine personal finances and economic trajectories. At its core lie direct and indirect taxes, intertwined with inflation control and market health. Mastering these basics transforms budget viewing from confusion to clarity. Direct taxes strike at the source: your income. Paid straight to government coffers, they can’t be forwarded. CBDT’s domain includes income tax—progre…