Tax slabs FY 2026–27: What Budget 2026 changed for individual taxpayers and which regime works best
While presenting her ninth consecutive Union Budget, she announced changes to Income Tax Return (ITR) filing timelines and introduced a rule-based, automated compliance framework aimed at easing the burden on small taxpayers, among other proposals. However, she chose to keep the tax slabs under the old and new tax regimes unchanged for financial year 2026-27.
While presenting her ninth consecutive Union Budget, she announced changes to Income Tax Return (ITR) filing timelines and introduced a rule-based, automated compliance framework aimed at easing the burden on small taxpayers, among other proposals. However, she chose to keep the tax slabs under the old and new tax regimes unchanged for financial year 2026-27.
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