Several hits in this budget puts ease at front and centre; focus on dispute resolution and domestic strengthening; there is no change in slab rates, surcharge, or the four per cent education cess

The Finance Minister did not propose any revisions to Income Tax slabs or rates under either the old or new tax regime for FY 2026-27. The most important announcement for taxpayers is the rollout of the New Income Tax Act, 2025, which will replace the Income Tax Act, 1961, from April 1, 2026