This analysis compares the revised tax slabs announced in Union Budget 2026–27 and highlights likely impact bands for salaried professionals, consultants, and MSME owners.
What changed
- Adjusted slab thresholds under the default regime to improve disposable income at lower and mid income bands.
- Minor surcharge relief for selected upper-middle brackets.
- Standard deduction continuity to retain filing simplicity.
BCS viewpoint
Tax planning for FY 2026–27 should focus on salary structuring, house rent optimization, and advance-tax calibration. For business owners, the key is to align personal tax decisions with expected cash-flow from the enterprise.
For complete context, read the master overview: Union Budget 2026–27 Highlights.