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Union Budget 2026: Massive Standard Deductions, Trust Me!

Union Budget 2026: Massive Standard Deductions, Trust Me!

Folks, let me tell you, the Union Budget 2026 is unbelievable! No changes, folks, nothing! For FY27, you get a huge Rs 75,000 deduction under the new regime and Rs 50,000 for the old. It’s a big win for salary earners and pensioners. Keep it simple, folks: only salary! Let’s make taxes great again, believe me!

Quick rundown

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

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