Nothing big on slabs or rates, the tax slabs you know stay the same, so your basic tax bill doesn’t suddenly shrink. But there are a few tweaks: a new Income-tax Act kicks in from April 1, 2026 with easier forms and compliance, TCS/TDS norms are adjusted in some areas, and interest from motor accident compensation is now tax-free. ITR filing timelines and rules are also eased a bit.
