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Income tax structure revised with targeted relief measures
Budget 2026 revised income tax slabs to ease middle-income burden while balancing revenue needs and maintaining fiscal discipline.
Union Budget 2026 introduced changes to personal income tax slabs, offering targeted relief for middle-income earners. Adjustments focused on simplifying rates and improving post-tax disposable income. The government aimed to balance revenue considerations with consumption support. Tax policy clarity was positioned as a tool to improve compliance and household spending confidence, while maintaining fiscal discipline amid ongoing expenditure commitments.