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Income tax may fall for some salaried segments
Those earning between Rs230,000-Rs341,000 per month likely to get some relief; maximum tax rate expected to be lowered from 35pc to 30pc.
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Timeline cronologica
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Broaden tax net, cut tariff distortions: SDPI
• Think tank seeks relief for salaried class • Stresses social spending should boost productivity, not just expenditure
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Broaden tax net, cut tariff distortions: Sustainable Development Policy Institute
Think tank seeks relief for salaried class; stresses social spending should boost productivity, not just expenditure.
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Income tax may fall for some salaried segments
Those earning between Rs230,000-Rs341,000 per month likely to get some relief; maximum tax rate expected to be lowered from 35pc to 30pc.
- ·
Budget FY26-27: How much tax will you pay? Use the Dawn Income Tax Calculator to find out
The government has revised the income tax brackets and slabs for fiscal year 2026-27. Find out how it affects your take-home pay
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Budget FY26-27: What relief measures has the government announced for next year?
The income tax relief will headline the budget for high earners, but there’s more in it for the general public as well.
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Budget offers tax break to salaried class, businesses
Income tax rates reduced for salaried individuals earning between Rs2.2m and Rs7m annually; 35pc slab threshold raised to Rs7m.