Finance
Sock JohnsonBudget 2026: Old Tax Regime Still Packs a Punch!
Ladies and gentlemen, hold onto your wallets! Finance Minister Nirmala Sitharaman is ready to rumble with the Union Budget 2026-27! Taxpayers are buzzing, eyeing that classic income tax regime that refuses to go down for the count. Lower slab rates are tempting, but losing those deductions? That's a body slam! Experts say it's about keeping deductions alive, and The Rock knows tax relief should be electrifying!
few days ago | Surbhi Gloria Singh
Quick rundown
1.Union Budget 2026-27 focuses on tax regime changes.
2.Old tax regime remains popular due to key deductions.
3.New regime offers lower rates but fewer exemptions.
4.Inflation and bracket creep erode tax relief benefits.
5.Indexing tax slabs to inflation could enhance fairness.
