Income Tax Slabs 2026 Highlights: No Change In Personal Income Tax Slabs, TDS Rationalisation & Relaxation In Tax Filing
Income Tax Slabs, Rates Announcment Budget 2026-27 Highlights: The Union Budget 2026 carried no major changes for taxpayers and the middle class. While Finance Minister Nirmala Sitharaman announced new measures to ease taxation rules for taxpayers, there were no changes in Income Tax slabs under the New Regime or the Old Tax Regime.
Presenting her record ninth consecutive budget on Sunday, February 1, Finance Minister Nirmala Sitharaman announced the revision of ITR revision deadline to March 31, from the earlier December 31 deadline. The Finance Minister also announced relief in areas like TCS on foreign tours and education and medical remittances under LRS.
