Union Budget 2026: How New Income Tax Rules Affect Your Wallet
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.