Will Budget 2026 bring income tax relief? What salaried taxpayers can expect
India Today
Ahead of Budget 2026, one question dominates conversations among salaried taxpayers: will income tax relief finally come? Let's have a look.
With less than two days to go for Union Budget 2026, one question is on the minds of salaried taxpayers: will there be any income tax relief this year? While big tax cuts appear unlikely, experts believe the government may still offer limited and targeted relief, especially under the new tax regime.
With fiscal pressures and rising spending needs, Budget 2026 is expected to focus more on balance and discipline than headline-grabbing announcements.
Tax experts say the government is expected to continue nudging taxpayers towards the new tax regime, rather than making sweeping changes to the old one.
CA (Dr) Suresh Surana said Budget 2026 is likely to build on the gradual shift already underway.
“Budget 2026 is expected to continue the government’s gradual move towards making the new tax regime more attractive and widely adopted,” he said.
However, he does not expect a dramatic overhaul. Instead, the focus may be on fine-tuning.
Gold and silver remain firmly in an uptrend, but analysts warn the rally is getting stretched. With prices at record levels, should you buy precious metals or avoid them?
Described as the "mother of all deals", India–EU trade pact is expected to boost trade, lower barriers, and deepen economic ties between the two sides.
With India's e-commerce ecosystem expanding rapidly, expectations from Budget 2026 are centred on regulatory simplicity and digital infrastructure to support millions of online sellers and platforms.
In a joint statement, Adani and Embraer said they had signed a memorandum of understanding (MoU) to explore cooperation across aircraft manufacturing, supply chains, aftermarket services and pilot training.
The deal aims to open up India's large and closely protected market to freer trade with the 27-nation European bloc, which is also India's biggest trading partner.
Senior EU leaders have described the proposed agreement as one of the biggest and most complex trade deals the bloc has ever attempted, with some calling it the "mother of all deals".
India-European Union trade negotiations have reached a decisive stage, with New Delhi offering major tariff cuts on European cars and both sides signalling readiness to seal a politically significant deal that could reshape trade, investment and supply chains.