Budget Income Tax Slab: Changes In New Tax Regime Announced | Union Budget 2024
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Kumar Utkarsh February 4, 2026 5:50 PM IST
Budget 2026 introduces major income tax rule changes, including extended ITR revision deadlines, reduced penalties, wider immunity from prosecution, and simplified compliance norms for individuals and businesses.
Tahir Qureshi February 2, 2026 7:37 PM IST
According to the new rules, you will be able to claim your TDS refund even if you file your income tax return late.
Victor Dasgupta February 2, 2026 9:27 AM IST
Finance Minister Nirmala Sitharaman's ninth consecutive Union Budget is set to break with long-standing convention, with Part B of her Budget speech emerging as the main platform for outlining India's economic vision and reform agenda, according to the reports.
Nivedita Dash February 1, 2026 3:21 PM IST
Promising major packages to majority of sectors, Nirmala Sitharaman pegged fiscal deficit at 4.3 per cent of GDP for the next fiscal and allocated Rs 7,84,678 crore as defence outlay for 2026-27.
Joy Pillai February 1, 2026 12:36 PM IST
Union Budget 2026 Income Tax Slabs Live Updates: Finance Minister Nirmala Sitharaman presented the Union Budget 2026 in the Lok Sabha on Sunday, February 1. She informed that cethe ntral government has exempted custom duty on life saving drugs.
Joy Pillai February 1, 2026 1:09 PM IST
Union Finance Minister Nirmala Sitharaman presented her ninth consecutive Union Budget in the Lok Sabha on Sunday, February 1. Here are top highlights from her speech.
Victor Dasgupta February 1, 2026 1:07 PM IST
Nirmala Sitharaman informed that Mahatma Gandhi Gram Swaraj Yojana will be initiated to boost Khadi handloom sector with training, skilling, production and quality checks.
Joy Pillai February 1, 2026 12:21 PM IST
Union Budget 2026 - Income Tax Big Update: People with ITR1 and ITR2 to continue to file till July 31. Non-audit business cases and trusts will be allowed to file returns till August 31.
Joy Pillai February 1, 2026 11:43 AM IST
Finance Minister Nirmala Sitharaman presented the Union Budget 2026 in the Lok Sabha on Sunday, February 1. The middle class and salaried people are expecting more income tax cuts in Budget 2026. In Union Budget 2025, FM Sitharaman provided major relief to taxpayers by cutting income up to Rs 12 lakh from tax. The limit for salaried people was increased to Rs 12.75 lakh after a standard deduction of Rs 75,000.
Sumaila Zaman February 1, 2026 11:50 AM IST
Finance Minister Nirmala Sitharaman presented Union Budget 2026. The Committee will prioritise areas to optimise the potential for growth, employment and exports.
Sumaila Zaman February 1, 2026 11:41 AM IST
Union Finance Minister Nirmala Sitharaman stated that the Government will set up five university townships in the vicinity of major industrial logistics centres.
Sumaila Zaman February 1, 2026 11:36 AM IST
Presenting the Budget in Parliament, Union Finance Minister Nirmala Sitharaman mentioned that three new All India Institutes of Ayurveda will be set up.
Victor Dasgupta February 1, 2026 6:47 AM IST
Nirmala Sitharaman will present the Union Budget 2026 in Lok Sabha on February 1. She will lay out the government's fiscal roadmap for the 2026 27 financial year.
Joy Pillai February 1, 2026 6:55 AM IST
Finance Minister Nirmala Sitharaman presented the Union Budget 2026 in the Lok Sabha on Sunday, February 1. The middle class and salaried people are expecting more income tax cuts in Budget 2026. In Union Budget 2025, FM Sitharaman provided major relief to taxpayers by cutting income up to Rs 12 lakh from tax. The limit for salaried people was increased to Rs 12.75 lakh after a standard deduction of Rs 75,000.
Kumar Utkarsh February 1, 2026 11:14 AM IST
Over the past decade, India's Union Budget has evolved under the Modi government, reflecting structural reforms, digital shifts, and changing fiscal priorities shaping governance, infrastructure spending, and economic planning nationwide.
Victor Dasgupta February 1, 2026 10:46 AM IST
The Nifty 50 index opened at 25,333.75, registering a marginal gain of 13.10 points or 0.05 per cent, while the BSE Sensex opened at 82,445.97, up by 176.19 points or 0.21 per cent.
Sumaila Zaman February 1, 2026 9:54 AM IST
As of February 1, 2026, the petrol price in New Delhi will be Rs 94.72 per litre.
Sumaila Zaman February 1, 2026 8:35 AM IST
The Union Budget 2026-27 is scheduled to be tabled in the Parliament on Sunday.
Victor Dasgupta February 1, 2026 7:40 AM IST
There is a growing demand for the government to reduce the import duty on gold and also cut the GST rate, providing tax relief. Currently, silver is priced at Rs 3 lakh, while gold is priced at Rs 1.5 lakh.
Sumaila Zaman February 1, 2026 6:53 AM IST
Education Budget 2026 Live Updates: Finance Minister Nirmala Sitharaman will on February 1 present her ninth straight Budget.
Sumaila Zaman February 1, 2026 6:23 AM IST
The Union Budget for 2026-27 is scheduled to be presented by Finance Minister Nirmala Sitharaman on Sunday.
Victor Dasgupta January 31, 2026 6:55 AM IST
Rising inflation over the past few years has strained household budgets, and keeping this in mind, experts believe that Finance Minister Nirmala Sitharaman may increase the slab limits.
Kumar Utkarsh January 31, 2026 2:17 PM IST
Nirmala Sitharaman is the woman in charge of India's money. She is the current Finance Minister of India. She is well known for helping the country handle its money well, even when global times are hard and things become more expensive. She creates the national budgets that affect businesses, markets, and the daily lives of regular people.
Victor Dasgupta January 30, 2026 10:17 AM IST
The Union Budget is a yearly record of the government's accounts and financial transactions for a "fiscal year", a 12-month period used for financial reporting. In India, the fiscal year runs from April 1 to March 31.
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