New Delhi, Feb. 4 -- Budget 2026, which was presented by Finance Minister Nirmala Sitharaman on 1 February, did not announce any measure to change the income tax slabs or slash income tax any further under the new tax regime. However, this year's Union Budget focuses on a set of targeted changes that that will be beneficial to individual and salaried taxpayers.
Rather than extending broad-based tax cuts, Budget 2026 eases compliance requirements, rationalises TCS and offers relief on motor accident compensation thus benefitting middle class and salaried taxpayers as a whole.
Here are some Budget tax changes that will bring relief to individual and salaried taxpayers from 1 April.
Budget 2026 makes a provision for taxpayers to file thei...
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