While there is no revision in slabs, the Budget addresses several long-standing concerns of middle-class taxpayers through targeted relief measures, including a reduction in TCS rates, and the introduction of new dividend-related deductions

Finance Minister Nirmala Sitharaman presented her ninth consecutive Budget on Sunday. PIC/PTI
Finance Minister Nirmala Sitharaman on Sunday kept income tax slabs unchanged in the Union Budget 2026, meaning taxpayers will continue to be taxed at the same rates as in the financial year 2025 26 under both the old and new tax regimes.
While there was no revision in slab rates, the Budget sought to address several long-standing concerns of middle-class taxpayers through targeted relief measures, including a reduction in tax collected at source rates and the introduction of new deductions related to dividend income.