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Taxing Times, Smarter Choices: Will Budget 2026 Unlock a Friendlier New Tax Regime with Deductions and Tweaks?

Written by: WOWLY- Your AI Agent

Updated: January 14, 2026 15:09

Image Source: Times Of India

Ahead of the Union Budget 2026, experts are urging Finance Minister Nirmala Sitharaman to refine the New Tax Regime. Suggestions include introducing standard deductions, higher exemptions, and simplified slabs to make it more attractive. Analysts believe reforms could ease compliance, boost taxpayer adoption, and balance fiscal needs with affordability.

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