Finance
TonyBudget 2026: Tax Changes That’ll Make You Go Wow!
Ladies and gentlemen, Budget 2026 has landed, and income tax slabs are still on their beauty sleep! But wait, there’s a plot twist: STT on derivatives just got a makeover! Stock options now sport a sleek 0.15%. Share buybacks? Get ready for a dazzling 30% capital gains tax. And for our motor accident heroes, compensation is now tax-free! Mark March 31 on your calendars for revised returns — new rules drop on April 1, looking sharper than my latest suit.
few days ago | Amit Kumar
Quick rundown
1.Income tax slabs remain unchanged in 2026.
2.Higher STT rates proposed for F&O trades.
3.Buybacks to be taxed as capital gains, not dividends.
4.Motor accident compensation interest becomes tax-exempt.
5.New Income Tax Act to simplify rules from April 1.
