https://www.taxtmi.com/news?id=32311 The FY26 Budget revises the new tax regime by prescribing tiered marginal tax bands with increasing rates across successive income ranges. It also enlarges the nil-tax threshold under the new regime, applying a zero-tax band up to a specified income level for general taxpayers and a higher threshold for salaried taxpayers reflecting the standard deduction adjustment. en-us Sat, 01 Feb 2025 12:46:02 +0530 Sat, 01 Feb 2025 12:46:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=32311 The FY26 Budget revises the new tax regime by prescribing tiered marginal tax bands with increasing rates across successive income ranges. It also enlarges the nil-tax threshold under the new regime, applying a zero-tax band up to a specified income level for general taxpayers and a higher threshold for salaried taxpayers reflecting the standard deduction adjustment. News - Sat, 01 Feb 2025 12:46:02 +0530 https://www.taxtmi.com/news?id=32311