Budget 2026: What changes salaried person can expect in old and new tax regimes?
Union Budget 2026: Experts advise taxpayers to compare both regimes based on their income, deductions, and future plans, and then choose the regime accordingly.
New Delhi: 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 taxpayers…