Budget 2026: Tata Nexon, Punch, and MG Windsor EVs to get price cuts as the government announces tax relief on batteries. CNG fuel also becomes cheaper, giving middle-class drivers a big boost.
The TCS Budget 2026 has reduced Tax Collected at Source (TCS) on education remittances from 5% to 2%, easing financial pressure on Indian students planning to study abroad. Families sending funds for tuition and living expenses will now retain more liquidity, making overseas education more accessible. The change under the Liberalised Remittance Scheme (LRS) is expected to benefit self-funded students and simplify compliance.
The Union Budget 2026 income tax changes bring relief for the middle class and simplify filing for all taxpayers. With widened tax slabs, an enhanced Section 87A rebate of up to ₹60,000, and standard deductions of ₹75,000 for salaried individuals, understanding your tax liability has never been more important. Our guide explains step-by-step how to calculate income tax under the new rules for FY 2026-27.