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Budget expectations rise as taxpayers push for fairer income tax structure
As Budget 2026 approaches, taxpayers are seeking inflation-linked tax slabs and parity across tax regimes, aiming for fairer treatment, simplified compliance, and protection of real incomes amid rising living costs.
Ahead of Budget 2026, taxpayer expectations are building around reforms that better reflect rising living costs. Many salaried individuals and professionals are seeking inflation-adjusted income tax slabs to prevent real incomes from being eroded over time. There is also growing demand for parity between old and new tax regimes, with calls to simplify compliance and rationalise deductions. Tax experts suggest that aligning slabs with inflation trends could improve disposable incomes while supporting consumption-led growth.