Union Budget 2026: New Income Tax Rules, Deductions and Benefits Explained — What Every Taxpayer Must Know
New Delhi: The Union Budget 2026 has brought clarity, stability, and structural reform to India’s income tax system, focusing not on flashy slab changes but on long-term simplification, trust-based compliance, and taxpayer-friendly reforms. While there are no changes in income tax slabs for FY 2026–27, the government has introduced significant reforms through the new Income …