Finance
Sock JohnsonBudget 2026: Time to Supercharge the Tax Regime, Champs!
Listen up, middle-class warriors! The new tax regime is a slick ride, but it needs a turbo boost! With Budget 2026 looming, experts want to pump up the targeted relief to help you flex those financial gains. And hey, seniors, let’s throw in some sweet benefits for you too! It’s time to make tax season a total victory lap!
few days ago | Amit Kumar
Quick rundown
1.The new tax regime is popular for its simplicity but lacks relief beyond Rs 12 lakh.
2.Experts suggest Budget 2026 should offer targeted relief to enhance the regime's appeal.
3.Increasing the standard deduction could improve household cash flow.
4.Reintroducing limited deductions for healthcare and housing is recommended.
5.Senior citizens need age-sensitive tax relief in the new regime.
