Income Tax Slabs Budget 2026 Key Points: FM Nirmala Sitharaman keeps tax slabs unchanged, introduces foreign asset disclosure scheme for small taxpayers

All eyes are on Part B (taxes) of FM Nirmala Sitharaman’s Budget speech today. This is where the announcements that affect ...

Budget 2026: New penalties imposed on crypto sector for non-disclosure, misreporting of assets

A fine of Rs 200 per day was introduced under Income-tax Act, 2025 for not disclosing income statement for virtual digital assets (VDA). Additionally, penalty of Rs 50,000 will be levied for ...

What changes for taxpayers in Budget 2026? From penalty to STT, 10 things change as income tax slabs remain unchanged

FM Nirmala Sitharaman said the New Income Tax Act would come into effect from 1 April 2026. She had proposed to overhaul the ...
Mint

Income Tax 2026 Expectations Highlights: Will FM Sitharaman give another boost to taxpayers in Budget 2026?

Budget 2026 Expectations on Income Tax Highlights: Finance Minister Nirmala Sitharaman is set to present the Union Budget 2026 on 1 February at the Parliament. Ahead of the India Budget, taxpayers are ...
The Financial Express

Budget 2026 Income Tax Expectations Highlights: Rs 1 lakh Standard Deduction, home loan relief, LTCG tweaks and senior citizen benefits in focus

Union Budget 2026-27 Income Tax Change Expectation Live Updates: FM Sitharaman set to present her 9th consecutive Union Budget as expectations build up (Image source: AI/FE) In Budget 2025, the ...
The Financial Express

Budget 2026: Income threshold for 30% tax bracket to be raised to Rs 35 lakh? Here’s what experts say

Budget 2026 is expected to bring key income tax reforms. (Image: AI generated) When Finance Minister Nirmala Sitharaman presents the Union Budget on February 1, expectations will once again run high ...
Indiatimes

Budget 2026 income tax expectations: Will new income tax regime be made more lucrative?

New Income Tax Regime: What Tax Relief Was Announced Last Time? FM Nirmala Sitharaman had in her Budget speech last year announced: There will be no income tax payable up to income of Rs 12 lakh (i.e.