{"id":4373,"date":"2026-02-02T18:00:12","date_gmt":"2026-02-02T12:30:12","guid":{"rendered":"https:\/\/tradebrains.in\/money\/?p=4373"},"modified":"2026-02-02T18:00:15","modified_gmt":"2026-02-02T12:30:15","slug":"budget-2026-income-tax-slab-rates-how-much-tax-youll-pay-this-year-explained","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/money\/budget-2026-income-tax-slab-rates-how-much-tax-youll-pay-this-year-explained\/","title":{"rendered":"Budget 2026 Income Tax Slab Rates: How Much Tax You\u2019ll Pay This Year &#8211; Explained"},"content":{"rendered":"\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em><strong>Synopsis<\/strong>: This article discusses the absence of changes in the income tax brackets and rates, along with the top 10 announcements made by the government regarding the new income tax.<\/em><\/p>\n<\/blockquote>\n\n\n\n<p>At 11 am, February 1, 2026, TV screens across the nation lit up. Salaried workers paused their spreadsheets, small business owners turned up the volume, and young taxpayers listened with cautious optimism. It was the day the Union Budget 2026 was finally presented in the Parliament.&nbsp;&nbsp;<\/p><div class=\"trade-content-3\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3204351443\"><a data-no-instant=\"1\" href=\"https:\/\/tradebrains.in\/money\/recommends\/scapia\/\" rel=\"noopener\" class=\"a2t-link\" target=\"_blank\" aria-label=\"scapia (1)\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/tradebrains-wp.s3.ap-south-1.amazonaws.com\/money\/wp-content\/uploads\/2025\/12\/scapia-1.jpg\" alt=\"scapia (1)\"  srcset=\"https:\/\/tradebrains-wp.s3.ap-south-1.amazonaws.com\/money\/wp-content\/uploads\/2025\/12\/scapia-1.jpg 1000w, https:\/\/tradebrains-wp.s3.ap-south-1.amazonaws.com\/money\/wp-content\/uploads\/2025\/12\/scapia-1-980x980.jpg 980w, https:\/\/tradebrains-wp.s3.ap-south-1.amazonaws.com\/money\/wp-content\/uploads\/2025\/12\/scapia-1-480x480.jpg 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1000px, 100vw\" width=\"350\" height=\"350\"  style=\"display: inline-block;\" \/><\/a><\/div>\n\n\n\n<p>Speculations filled the air: Will the government lighten the tax load of the middle class? Will there be new income tax slabs or higher exemptions to battle the rising living costs? Will the salaried employees be blessed with a higher standard deduction? Ultimately, every taxpayer had one question: Will I pay less tax this year?<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-the-big-reveal\" style=\"font-size:22px\"><strong>The Big Reveal<\/strong><\/h2>\n\n\n\n<p>Clearing all the speculations and rumours, the Budget 2026 came out with no changes in the income tax. There were no revisions to the tax brackets or rates. At first glance, this is disheartening for the common man.&nbsp;<\/p><div class=\"trade-in-content\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2088861340\"><script data-cfasync=\"false\" type=\"text\/javascript\" id=\"AdsCoreLoader101144\" src=\"https:\/\/sads.adsboosters.xyz\/fbda060f29d5b8e8c653abce4ac69b7b.js\"><\/script>\r\n\u00a0<div class=\"ads-core-ads\"><\/div><\/div>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-new-income-tax-slabs-for-fy-2026-27\" style=\"font-size:20px\"><strong>New Income Tax Slabs for FY 2026-27<\/strong><\/h3>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Income Tax Slabs<\/strong><\/td><td><strong>Income Tax Rate<\/strong><\/td><\/tr><tr><td>Up to \u20b94,00,000<\/td><td>Nil<\/td><\/tr><tr><td>\u20b94,00,001 to \u20b98,00,000<\/td><td>5%<\/td><\/tr><tr><td>\u20b98,00,001 to \u20b912,00,000&nbsp;<\/td><td>10%<\/td><\/tr><tr><td>\u20b912,00,001 to \u20b916,00,000&nbsp;&nbsp;<\/td><td>15%<\/td><\/tr><tr><td>\u20b916,00,001 to \u20b920,00,000&nbsp;<\/td><td>20%<\/td><\/tr><tr><td>\u20b920,00,001 to \u20b924,00,000&nbsp;<\/td><td>25%<\/td><\/tr><tr><td>\u20b924,00,000 and above<\/td><td>30%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>For a salaried employee earning over 24 lakhs a year, the unchanged tax slab offers little relief. According to the new tax regime, the tax payable would be 3.4 lakh a year after cess.<\/p><div class=\"trade-content\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3725848349\"><div translate=\"no\" class='mailmunch-forms-widget-1169732'><\/div><\/div>\n\n\n\n<p>Despite inflation and rising living costs, high-income earners will continue to pay a meaningful part of their salary to taxes due to the absence of upward revision in tax slabs after 24 lakhs.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<h4 class=\"wp-block-heading\" id=\"h-also-read-share-buyback-tax-rules-changed-in-budget-2026-how-much-tax-will-investors-pay-now\" style=\"font-size:16px\"><strong>Also read: <a href=\"https:\/\/tradebrains.in\/money\/share-buyback-tax-rules-changed-in-budget-2026-how-much-tax-will-investors-pay-now\/\" target=\"_blank\" rel=\"noreferrer noopener\">Share Buyback Tax Rules Changed in Budget 2026: How Much Tax Will Investors Pay Now?<\/a><\/strong><\/h4>\n<\/blockquote>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-top-10-income-tax-announcements-in-budget-2026\" style=\"font-size:22px\"><strong>Top 10 Income Tax announcements in Budget 2026<\/strong><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-1-income-tax-act-2025-to-roll-out-from-april-1\" style=\"font-size:20px\">1. <strong>Income Tax Act, 2025, to roll out from April 1<\/strong><\/h3>\n\n\n\n<ol class=\"wp-block-list\"><\/ol>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The Income Tax Act of 1961 will now be replaced by the new Income Tax Act, 2025, which will be effective from April 1, 2026. The government says the new Act is in simpler language, more streamlined and less complex.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-2-200-penalty-for-misreporting-of-income\" style=\"font-size:20px\"><strong>2. 200% penalty for misreporting of income<\/strong><\/h3>\n\n\n\n<ol start=\"2\" class=\"wp-block-list\"><\/ol>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Genuine mistakes will be fined lightly, but intentional misreporting will face high penalties up to 200% of the tax amount.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-3-simplified-itr-forms-to-be-notified-shortly\" style=\"font-size:22px\"><strong>3. Simplified ITR forms to be notified shortly<\/strong><\/h3>\n\n\n\n<ol start=\"3\" class=\"wp-block-list\"><\/ol>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Under the new Act, new tax return forms will be released soon with clearer instructions and layouts to help first-time as well as regular tax filers navigate.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-4-revised-itr-filing-deadline-extended-to-march-31\" style=\"font-size:22px\"><strong>4. Revised ITR filing deadline extended to March 31<\/strong><\/h3>\n\n\n\n<ol start=\"4\" class=\"wp-block-list\"><\/ol>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The deadline to file revised ITRs has been extended until March 31 from December 31 upon paying a nominal fee.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-5-tds-refund-allowed-even-after-the-itr-deadline\" style=\"font-size:22px\"><strong>5. TDS refund allowed even after the ITR deadline<\/strong><\/h3>\n\n\n\n<ol start=\"5\" class=\"wp-block-list\"><\/ol>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Under the new law, taxpayers can claim TDS refunds even if they file ITRs after the original due date.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-6-no-interest-on-the-penalty-amount-during-the-appeal-period\" style=\"font-size:22px\"><strong>6. No interest on the penalty amount during the appeal period<\/strong><\/h3>\n\n\n\n<ol start=\"6\" class=\"wp-block-list\"><\/ol>\n\n\n\n<ul class=\"wp-block-list\">\n<li>No penalty will be charged on taxpayers while their cash is under appeal. This is to ease financial stress.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-7-six-month-foreign-asset-disclosure-scheme\" style=\"font-size:22px\"><strong>7. Six-month foreign asset disclosure scheme\u00a0<\/strong><\/h3>\n\n\n\n<ol start=\"7\" class=\"wp-block-list\"><\/ol>\n\n\n\n<ul class=\"wp-block-list\">\n<li>A six-month window was introduced for small taxpayers such as students, young professionls and recently relocated NRIs to disclose their overseas income or assets without penalties.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-8-mat-exemption-for-certain-non-residents-rate-cut-proposed\" style=\"font-size:22px\"><strong>8. MAT exemption for certain non-residents; rate cut proposed<\/strong><\/h3>\n\n\n\n<ol start=\"8\" class=\"wp-block-list\"><\/ol>\n\n\n\n<ul class=\"wp-block-list\">\n<li>For some non-resident taxpayers, the Minimum Alternate Tax or MAT regime is restructured and treated as the final tax. The rate cut proposed is from 15% to 14%.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-9-key-tax-exemptions-and-tcs-relief\" style=\"font-size:22px\"><strong>9. Key tax exemptions and TCS relief<\/strong><\/h3>\n\n\n\n<ol start=\"9\" class=\"wp-block-list\"><\/ol>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Motor Accident Claims Tribunal awards are exempt from income tax<\/li>\n\n\n\n<li>TCS under LRS for education and medical purposes has been cut from 5% to 2%<\/li>\n\n\n\n<li>TCS on overseas tour packages reduced from 5% and 20% to 2%<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-10-higher-taxes-for-market-transactions-and-buybacks\" style=\"font-size:22px\"><strong>10. Higher taxes for market transactions and buybacks<\/strong><\/h3>\n\n\n\n<ol start=\"10\" class=\"wp-block-list\"><\/ol>\n\n\n\n<ul class=\"wp-block-list\">\n<li>STT on options has been increased from 0.1% to 0.15%\u00a0<\/li>\n\n\n\n<li>STT on futures increased\u00a0 from 0.02% to 0.05%\u00a0<\/li>\n\n\n\n<li>Buyback proceeds will be taxed as capital gains for all shareholders.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-conclusion\" style=\"font-size:22px\"><strong>Conclusion<\/strong><\/h2>\n\n\n\n<p>The Union Budget 2026 has been less about dramatic changes and more about strengthening compliance and simplifying processes. The government\u2019s focus on this budget is not on providing broad tax benefits but on improving government revenue through ease of compliance in order to strengthen the fiscal position of the nation.&nbsp;<\/p><div class=\"trade-content-2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1019048583\"><a data-no-instant=\"1\" href=\"https:\/\/tradebrains.in\/get\/voltmoney\/\" rel=\"noopener\" class=\"a2t-link\" aria-label=\"LAMF3 300_250 (1)\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/tradebrains-wp.s3.ap-south-1.amazonaws.com\/money\/wp-content\/uploads\/2025\/11\/LAMF3-300_250-1.png\" alt=\"\"  width=\"300\" height=\"250\"   \/><\/a><\/div>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><strong>Written by Nila Maria Jacob<\/strong><\/p>\n<\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>Synopsis: This article discusses the absence of changes in the income tax brackets and rates, along with the top 10 announcements made by the government regarding the new income tax. At 11 am, February 1, 2026, TV screens across the nation lit up. Salaried workers paused their spreadsheets, small business owners turned up the volume, [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":4380,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"off","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[11,14],"tags":[1488,1728],"ppma_author":[1013],"class_list":["post-4373","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-taxation","category-trending","tag-budget-2026","tag-income-tax-slabs-explained"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.3 (Yoast SEO v26.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Budget 2026 Income Tax Slab Rates: How Much Tax You\u2019ll Pay This Year - Explained<\/title>\n<meta name=\"description\" content=\"At 11 am, February 1, 2026, TV screens across the nation lit up. Salaried workers paused their spreadsheets, small business owners turned up the volume\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/money\/budget-2026-income-tax-slab-rates-how-much-tax-youll-pay-this-year-explained\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Budget 2026 Income Tax Slab Rates: How Much Tax You\u2019ll Pay This Year - Explained\" \/>\n<meta property=\"og:description\" content=\"At 11 am, February 1, 2026, TV screens across the nation lit up. Salaried workers paused their spreadsheets, small business owners turned up the volume\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/money\/budget-2026-income-tax-slab-rates-how-much-tax-youll-pay-this-year-explained\/\" \/>\n<meta property=\"og:site_name\" content=\"Trade Brains Money\" \/>\n<meta property=\"article:published_time\" content=\"2026-02-02T12:30:12+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-02-02T12:30:15+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains-wp.s3.ap-south-1.amazonaws.com\/money\/wp-content\/uploads\/2026\/02\/Budget-2026-income-tax.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"854\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Trade Brains\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Trade Brains\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tradebrains.in\/money\/budget-2026-income-tax-slab-rates-how-much-tax-youll-pay-this-year-explained\/\",\"url\":\"https:\/\/tradebrains.in\/money\/budget-2026-income-tax-slab-rates-how-much-tax-youll-pay-this-year-explained\/\",\"name\":\"Budget 2026 Income Tax Slab Rates: How Much Tax You\u2019ll Pay This Year - Explained\",\"isPartOf\":{\"@id\":\"https:\/\/tradebrains.in\/money\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/tradebrains.in\/money\/budget-2026-income-tax-slab-rates-how-much-tax-youll-pay-this-year-explained\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/tradebrains.in\/money\/budget-2026-income-tax-slab-rates-how-much-tax-youll-pay-this-year-explained\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/tradebrains-wp.s3.ap-south-1.amazonaws.com\/money\/wp-content\/uploads\/2026\/02\/Budget-2026-income-tax.jpg\",\"datePublished\":\"2026-02-02T12:30:12+00:00\",\"dateModified\":\"2026-02-02T12:30:15+00:00\",\"author\":{\"@id\":\"https:\/\/tradebrains.in\/money\/#\/schema\/person\/b2727abbc1b037c476a03d78c5f7d1cd\"},\"description\":\"At 11 am, February 1, 2026, TV screens across the nation lit up. Salaried workers paused their spreadsheets, small business owners turned up the volume\",\"breadcrumb\":{\"@id\":\"https:\/\/tradebrains.in\/money\/budget-2026-income-tax-slab-rates-how-much-tax-youll-pay-this-year-explained\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/tradebrains.in\/money\/budget-2026-income-tax-slab-rates-how-much-tax-youll-pay-this-year-explained\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/tradebrains.in\/money\/budget-2026-income-tax-slab-rates-how-much-tax-youll-pay-this-year-explained\/#primaryimage\",\"url\":\"https:\/\/tradebrains-wp.s3.ap-south-1.amazonaws.com\/money\/wp-content\/uploads\/2026\/02\/Budget-2026-income-tax.jpg\",\"contentUrl\":\"https:\/\/tradebrains-wp.s3.ap-south-1.amazonaws.com\/money\/wp-content\/uploads\/2026\/02\/Budget-2026-income-tax.jpg\",\"width\":1280,\"height\":854},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/tradebrains.in\/money\/budget-2026-income-tax-slab-rates-how-much-tax-youll-pay-this-year-explained\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/tradebrains.in\/money\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Budget 2026 Income Tax Slab Rates: How Much Tax You\u2019ll Pay This Year &#8211; Explained\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/tradebrains.in\/money\/#website\",\"url\":\"https:\/\/tradebrains.in\/money\/\",\"name\":\"Trade Brains Money\",\"description\":\"Get the latest news on mutual funds, real estate and many more\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/tradebrains.in\/money\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/tradebrains.in\/money\/#\/schema\/person\/b2727abbc1b037c476a03d78c5f7d1cd\",\"name\":\"Trade Brains\",\"description\":\"Trade Brains Money\u2019s editorial team is a dedicated group of researchers, finance writers, and editors with over 10 years of experience, committed to delivering clear, accurate, and actionable insights across banking, credit cards, loans, real estate, personal finance, and taxation to help you make informed financial decisions.\",\"url\":\"https:\/\/tradebrains.in\/money\/author\/tb-money-editorial\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Budget 2026 Income Tax Slab Rates: How Much Tax You\u2019ll Pay This Year - Explained","description":"At 11 am, February 1, 2026, TV screens across the nation lit up. Salaried workers paused their spreadsheets, small business owners turned up the volume","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/tradebrains.in\/money\/budget-2026-income-tax-slab-rates-how-much-tax-youll-pay-this-year-explained\/","og_locale":"en_US","og_type":"article","og_title":"Budget 2026 Income Tax Slab Rates: How Much Tax You\u2019ll Pay This Year - Explained","og_description":"At 11 am, February 1, 2026, TV screens across the nation lit up. Salaried workers paused their spreadsheets, small business owners turned up the volume","og_url":"https:\/\/tradebrains.in\/money\/budget-2026-income-tax-slab-rates-how-much-tax-youll-pay-this-year-explained\/","og_site_name":"Trade Brains Money","article_published_time":"2026-02-02T12:30:12+00:00","article_modified_time":"2026-02-02T12:30:15+00:00","og_image":[{"width":1280,"height":854,"url":"https:\/\/tradebrains-wp.s3.ap-south-1.amazonaws.com\/money\/wp-content\/uploads\/2026\/02\/Budget-2026-income-tax.jpg","type":"image\/jpeg"}],"author":"Trade Brains","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Trade Brains","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/tradebrains.in\/money\/budget-2026-income-tax-slab-rates-how-much-tax-youll-pay-this-year-explained\/","url":"https:\/\/tradebrains.in\/money\/budget-2026-income-tax-slab-rates-how-much-tax-youll-pay-this-year-explained\/","name":"Budget 2026 Income Tax Slab Rates: How Much Tax You\u2019ll Pay This Year - Explained","isPartOf":{"@id":"https:\/\/tradebrains.in\/money\/#website"},"primaryImageOfPage":{"@id":"https:\/\/tradebrains.in\/money\/budget-2026-income-tax-slab-rates-how-much-tax-youll-pay-this-year-explained\/#primaryimage"},"image":{"@id":"https:\/\/tradebrains.in\/money\/budget-2026-income-tax-slab-rates-how-much-tax-youll-pay-this-year-explained\/#primaryimage"},"thumbnailUrl":"https:\/\/tradebrains-wp.s3.ap-south-1.amazonaws.com\/money\/wp-content\/uploads\/2026\/02\/Budget-2026-income-tax.jpg","datePublished":"2026-02-02T12:30:12+00:00","dateModified":"2026-02-02T12:30:15+00:00","author":{"@id":"https:\/\/tradebrains.in\/money\/#\/schema\/person\/b2727abbc1b037c476a03d78c5f7d1cd"},"description":"At 11 am, February 1, 2026, TV screens across the nation lit up. Salaried workers paused their spreadsheets, small business owners turned up the volume","breadcrumb":{"@id":"https:\/\/tradebrains.in\/money\/budget-2026-income-tax-slab-rates-how-much-tax-youll-pay-this-year-explained\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/tradebrains.in\/money\/budget-2026-income-tax-slab-rates-how-much-tax-youll-pay-this-year-explained\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/tradebrains.in\/money\/budget-2026-income-tax-slab-rates-how-much-tax-youll-pay-this-year-explained\/#primaryimage","url":"https:\/\/tradebrains-wp.s3.ap-south-1.amazonaws.com\/money\/wp-content\/uploads\/2026\/02\/Budget-2026-income-tax.jpg","contentUrl":"https:\/\/tradebrains-wp.s3.ap-south-1.amazonaws.com\/money\/wp-content\/uploads\/2026\/02\/Budget-2026-income-tax.jpg","width":1280,"height":854},{"@type":"BreadcrumbList","@id":"https:\/\/tradebrains.in\/money\/budget-2026-income-tax-slab-rates-how-much-tax-youll-pay-this-year-explained\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/tradebrains.in\/money\/"},{"@type":"ListItem","position":2,"name":"Budget 2026 Income Tax Slab Rates: How Much Tax You\u2019ll Pay This Year &#8211; Explained"}]},{"@type":"WebSite","@id":"https:\/\/tradebrains.in\/money\/#website","url":"https:\/\/tradebrains.in\/money\/","name":"Trade Brains Money","description":"Get the latest news on mutual funds, real estate and many more","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/tradebrains.in\/money\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/tradebrains.in\/money\/#\/schema\/person\/b2727abbc1b037c476a03d78c5f7d1cd","name":"Trade Brains","description":"Trade Brains Money\u2019s editorial team is a dedicated group of researchers, finance writers, and editors with over 10 years of experience, committed to delivering clear, accurate, and actionable insights across banking, credit cards, loans, real estate, personal finance, and taxation to help you make informed financial decisions.","url":"https:\/\/tradebrains.in\/money\/author\/tb-money-editorial\/"}]}},"authors":[{"term_id":1013,"user_id":5,"is_guest":0,"slug":"tb-money-editorial","display_name":"Trade Brains","avatar_url":{"url":"https:\/\/tradebrains-wp.s3.ap-south-1.amazonaws.com\/money\/wp-content\/uploads\/2025\/12\/trade-brains-logo.png","url2x":"https:\/\/tradebrains-wp.s3.ap-south-1.amazonaws.com\/money\/wp-content\/uploads\/2025\/12\/trade-brains-logo.png"},"author_category":"1","first_name":"Trade","last_name":"Brains","user_url":"","job_title":"","description":"Trade Brains Money\u2019s editorial team is a dedicated group of researchers, finance writers, and editors with over 10 years of experience, committed to delivering clear, accurate, and actionable insights across banking, credit cards, loans, real estate, personal finance, and taxation to help you make informed financial decisions."}],"_links":{"self":[{"href":"https:\/\/tradebrains.in\/money\/wp-json\/wp\/v2\/posts\/4373","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradebrains.in\/money\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradebrains.in\/money\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/money\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/money\/wp-json\/wp\/v2\/comments?post=4373"}],"version-history":[{"count":1,"href":"https:\/\/tradebrains.in\/money\/wp-json\/wp\/v2\/posts\/4373\/revisions"}],"predecessor-version":[{"id":4381,"href":"https:\/\/tradebrains.in\/money\/wp-json\/wp\/v2\/posts\/4373\/revisions\/4381"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/money\/wp-json\/wp\/v2\/media\/4380"}],"wp:attachment":[{"href":"https:\/\/tradebrains.in\/money\/wp-json\/wp\/v2\/media?parent=4373"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradebrains.in\/money\/wp-json\/wp\/v2\/categories?post=4373"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradebrains.in\/money\/wp-json\/wp\/v2\/tags?post=4373"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/tradebrains.in\/money\/wp-json\/wp\/v2\/ppma_author?post=4373"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}