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From AY 2026–27, pensioners earning up to ₹12 lakh pay zero tax under the new regime as Section 87A rebate is expanded and slabs are simplified.
Budget 2025–26 doubles interest income TDS limit for senior citizens, raises rent TDS threshold to ₹6 lakh, and simplifies TDS rates nationwide.
Ahead of Budget 2026, India’s crypto industry seeks rationalisation of 30% tax and 1% TDS on digital assets to stop capital flight and boost Web3 innovation.
Union Budget 2026 may increase tax exemptions on savings and FD interest under Sections 80TTA and 80TTB, bringing major relief to retirees, senior citizens, and middle-class famil…
India’s tobacco tax hike could backfire, fuelling illicit cigarette trade, hurting farmers, and causing ₹21,000 crore revenue loss, warn FAIFA and experts.