Income Tax Slabs Budget 2026 Live Updates: With Budget 2026 just hours away, income tax remains a major talking point. Taxpayers and the middle class are expecting some measures and relaxations from Finance Minister Nirmala Sitharaman in taxes to boost their disposable income. Taxpayers are closely watching whether the government will scrap the old tax regime as a broad strategy to shift taxpayers to the New Tax Regime.
FM Sitharaman will present the Union Budget 2026–27 on Sunday, February 1, 2026, at 11 am.
In last year’s Budget, the government raised the tax-free income limit to Rs 12 lakh via a higher rebate under Section 87A and extended the standard deduction to Rs 75,000 to boost the take-home salary of individuals. The old regime and key deductions remained unchanged, keeping the focus on simplification over major relief.
When And Where To Watch FM Sitharaman’s Budget Speech?
The Budget speech will be broadcast live here and on all other news channels. You can also catch all the updates about Budget 2026 on News18.com. News18 will provide detailed live blog updates on the Budget speech, and political, industry, and market reactions.
Follow our live blog for real-time updates and clear takeaways as the Budget unfolds.
