New or Old? Which I-T regime should you choose for FY 2026-27? Tax rates, slabs explained ...Middle East

Union Budget 2026 maintains the existing income tax framework, with the new regime offering tax-free income up to Rs 12 lakh for individuals. While the old regime continues with its deductions, the new system has been progressively liberalized since 2020, making it increasingly attractive for middle-income taxpayers.

Hence then, the article about new or old which i t regime should you choose for fy 2026 27 tax rates slabs explained was published today ( Sunday 01/02/2026 - 02:23 PM ) and is available on The Times of India ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

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