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Budget 2026: Income Tax Slabs Stay, Let the Games Begin!

Budget 2026: Income Tax Slabs Stay, Let the Games Begin!

Folks, let me tell you, the Union Budget is back, and it's a repeat performance! Same old Income Tax slabs from last year! If you're raking in Rs 6 lakh to Rs 50 lakh, you better choose wisely! Old regime? Higher rates and lots of deductions! New regime? Lower rates, but fewer perks! And guess what? Rebates can drop your tax to zero at Rs 12 lakh! Tremendous news, folks!

Quick rundown

  1. Union Budget retains last year's tax slabs.
  2. Tax outgo depends on chosen tax regime.
  3. New regime offers zero tax at Rs 12 lakh income.
  4. Old regime benefits those with high deductions.
  5. Taxpayers should compute both regimes annually.

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