Finance
Mr. ManagerUnion Budget 2026: Tax Changes That Will Shock You!
Ladies and gentlemen, the Union Budget 2026 has landed with a bang! Income tax slabs? Same old story! But hold onto your hats! The Securities Transaction Tax is climbing—0.15% on stock options! Share buybacks? A staggering 30%! And for motor accident victims, rejoice—your interest is now tax-exempt! Mark your calendars for April 1, because a new tax era is upon us!
few days ago | Amit Kumar
Quick rundown
1.Income tax slabs remain unchanged in 2026.
2.Higher STT rates proposed for F&O trades.
3.Buybacks to be taxed as capital gains, not dividends.
4.Motor accident compensation interest becomes tax-exempt.
5.New Income Tax Act to simplify rules from April 1.
