Budget 2026 Tax RELIEF Hopes: 4 Game-Changers for YOU! 💰📈

MediaFx
4 minutes ago
1 min read

Key Facts:

Raise tax-free income to Rs 17 lakh via new regime tweaks & deductions.
Boost standard deduction from Rs 75k to Rs 1-1.25 lakh amid inflation.
Add HRA, health insurance (80D up to Rs 50k), home/education loan benefits to new regime.
LTCG exemption from Rs 1.25 lakh to Rs 2 lakh; senior citizen medical perks.
30% slab threshold hike to Rs 30-35 lakh for middle-class relief.

Union Budget 2026 drops Feb 1 with FM Nirmala Sitharaman eyeing middle-class cheers – no massive slab overhauls expected, but targeted tweaks could slash your tax bill big time. Taxpayers crave Rs 17 lakh tax-free income under new regime (90% already switched), stacking current Rs 12 lakh exemption with Rs 1 lakh standard deduction, Rs 2 lakh home loan interest, Rs 1.5 lakh principal, and Rs 50k health insurance – easing inflation sting for salaried folks. Inflation's biting? Push for Rs 1-1.25 lakh standard deduction and 30% slab start at Rs 30-35 lakh from Rs 24 lakh, pumping cash back to boost spending. New regime gets love: HRA, mediclaim, home/education loans added without old regime complexity; seniors score higher medical/interest breaks. Long-term investments? LTCG tax-free limit jumps Rs 1.25 lakh to Rs 2 lakh, sparking stock plays. Youth wishlist: simpler compliance, NRI fixes, crypto clarity – all while fueling growth sans fiscal blowout. Will Sitharaman deliver? Eyes peeled.

Which relief hits home? Comment yours! 📊👇

#Budget2026 #TaxRelief #IncomeTaxSlabs #NewTaxRegime #MiddleClassHopes #FMNirmala #StandardDeduction #TaxFree17Lakh

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Budget 2026 Tax RELIEF Hopes: 4 Game-Changers for YOU! 💰📈

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