Budget 2026 before New Tax Regime regarding tax expert And middle class taxpayers Expectations have intensified. even if New Tax Regime It is considered to have a simple and easy structure, but the relief it provides seems limited for those earning more than Rs 12 lakh. initial income slabs less in tax rates This regime became popular due to, but with the increase in income health expenses, housing costs and children’s education The burden also increases. Especially Rs 13 to 20 lakh income bracket ones salaried taxpayers It is considered less beneficial. Now! Section 87A There is relief up to Rs 12 lakh under this, but after this tax burden Grows rapidly. Experts want that standard deduction It should be increased from Rs 75,000 to Rs 1 lakh or Rs 1.25 lakh and limited deductions for essential expenses should be brought back, so that the regime becomes more balanced.
Tax relief to middle class in Budget 2026? Big demand on New Tax Regime. Money Live | Will the middle class get tax relief in Budget 2026? Major demands regarding the new tax regime
