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Personal Finance News

The Economic Times

Personal Finance / The Economic Times

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End of the road for old tax regime? What Budget 2026 may decide

Budget 2026 could signal the end of the old tax regime. Experts suggest a gradual phasing out rather than an abrupt closure. The new tax regime, with its lower rates and higher rebate, is becoming the default choice. Taxpayers with existing financial commitments like home loans and insurance may need time to adjust.

13 Jan 2026 10:55 am