Union Budget 2026: Standard Deduction Stayin' Smooth, G!

Yo, the Union Budget 2026 keeps it real with the standard deduction, G! For FY27, you’re lookin' at Rs 75,000 in the new tax lane and Rs 50,000 in the old one. This deduction's crucial for keepin' your taxable salary low, especially for the low-key earners. Just remember, it’s only for salary and pension, so keep it straight, ya dig?

Quick rundown

Union Budget 2026 keeps standard deduction limits unchanged.
Standard deduction crucial for reducing taxable salary.
Rs 75,000 deduction benefits those earning up to Rs 12.75 lakh.
Deduction applies only to salary and pension income, not mixed income.
Compute tax under both regimes before choosing the best option.

Tax Slabs Stay Put: Which Regime Gets You More Dough?
Budget 2026: Time to Supercharge the Tax Regime, Champs!
Budget 2026: Income Tax Breaks That’ll Keep You Chill
Budget 2026: Old Tax Regime Still the People's Champion!
Budget 2026: No Major Tax Cuts, Just Steady Gains Ahead!

Series

Indian Premier League
Pakistan Super League
New Zealand tour of Bangladesh
India Women tour of South Africa