The focus of Budget 2026-27 is to make taxation simple, smooth and stress-free rather than announcing big tax cuts. Income tax slabs and rates will remain unchanged, resulting in zero effective tax on income up to Rs 12 lakh after deductions. The new Income Tax Act will come into force from April 2026, which has been written in easy language so that compliance is easy. Filing deadlines, revised returns, TDS-TCS rules and appeal processes have been simplified. Overall, this budget reduces daily compliance pressure and promotes voluntary, hassle-free tax filing.