10 ways individual taxpayers will be impacted most from Budget 2026: Tax slabs, ITR filing deadlines, Foreign Asset Disclosure Scheme and more

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Fri, Feb 06, 2026 | 02:21 PM IST

How do the new Budget 2026 proposals affect you?

1	10 ways individual taxpayers will be impacted most from Budget 2026: Tax slabs, ITR filing deadlines, Foreign Asset Disclosure Scheme and more Budget 2026 introduces a New Income Tax Act effective April 1, 2026, with staggered ITR filing deadlines and reduced TCS on overseas tour packages. A new Foreign Asset Disclosure Scheme offers regularization options for small taxpayers, while immunity from prosecution is extended for certain foreign non-immovable asset disclosures.

2	7 pains from Budget 2026 that will hit middle-class taxpayers hard

3	4 surprising findings from Budget 2026 on savings, borrowing, shifting role of gold in wealth creation and more

4	Reduced TCS, extended ITR deadline, simplified TDS on property, centralised Form 15G/H and more in Budget 2026

5	Income Tax Calculator FY 2026-2027: Calculate your taxes on Rs 6 lakh-Rs 1 crore income after Budget 2026 Income Tax Calculator as Per New tax regime vs Old tax regime: Finance Minister Nirmala Sitharaman announced no changes to income tax slabs for FY 2026-27. Individual taxpayers in the old regime pay no tax up to Rs 5 lakh, while the new regime offers a Rs 12 lakh tax-free income limit. Standard deductions are Rs 50,000 and Rs 75,000 in the old and new regimes, respectively.

6	Is extended August 31 ITR deadline applicable to all taxpayers or only select categories?


7	Budget 2026: Take home salary calculator for CTC of Rs 10 lakh, 12 lakh, 15 lakh and 20 lakh

8	ET Wealth Online impact on Budget 2026: Buyback tax, Black Money Act, ITR penalties, NRI property sales, how taxpayers' concerns were addressed

9	Extended ITR revision window, loss related updated return & more; 6 ways how revised ITR filing timelines in Budget 2026 will impact you

10	NRI professionals visiting India to get 5-year tax exemption on overseas income: Budget 2026 Union Budget 2026 introduces a significant tax benefit for overseas professionals visiting India. Non-residents will receive a five-year exemption on income earned outside India. This applies to those visiting under government-notified schemes. The tax-exempt status begins from their first visit for service rendering. This move aims to attract global talent by offering clear tax certainty.

11	Higher income tax on dividend income from shares and income from mutual funds if earned via this method; announced in Budget 2026

12	Budget 2026 Income Tax Highlights: Changes in taxation on SGB redemption, share buyback, TCS, STT, NRI property TDS, updated income tax slabs, standard deduction and more

13	Income Tax Return due dates 2026: Month-wise guide for salaried taxpayers, business owners & companies

14	SGB taxation: From zero tax to Rs 2.60 lakh capital gains tax on Rs 10 lakh investment, how new Budget proposal will cost investors dearly

15	Returning to India with gold? New baggage rules remove value limit on jewellery

SLIDESHOWS

Union Budget 2026 impact on gold and silver: New tax rules every investor must know

Budget 2026 bets big on real estate: What it means for homebuyers and investors

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