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India eyes two GST slabs with special rates for ‘few’ items | Explained Finance Ministry's ‘move towards simple tax’

On the backdrop of India's 79th Independence Day, on Friday 15 August 2025, the ministry of finance announced that the government is planning to move towards a 'simple tax' regime in efforts to ...
Indiatimes

Budget 2026 income tax: Will GST-style fewer tax slabs be brought under new income tax regime?

Tax experts believe that while the new income tax regime reduces the tax outgo for many taxpayers, the multiple slabs add to confusion. (AI image) Budget 2026 income tax expectations: Taxpayers in ...
Hindustan Times

Union budget 2026: How income tax slabs changed over the years

As India awaits the Union Budget 2026, to be presented by finance minister Nirmala Sitharaman in the Parliament on Sunday, February 1, taxpayers are keenly watching for possible changes to the income ...
Mint

Union Budget 2026: How India’s tax slabs stack up against US and UK — Check here

AI Quick Read As Finance Minister Nirmala Sitharaman presented the Union Budget 2026 today, income tax once again took centre stage. Taxpayers across the country expected more income relief, a simpler ...