The Economic Times

Income Tax Calculator 2026: Compare your income tax liability on Rs 15L, Rs 20L, Rs 30L and Rs 50L CTC under new vs old tax regime

The Income Tax Rules, 2026 introduce significant benefits for salaried employees, including expanded HRA and meal card tax advantages. These changes, effective April 1, 2026, aim to reduce taxable income through optimized salary structuring. The article illustrates tax liabilities for CTCs ranging from 15 lakh to 50 lakh under both new and old tax regimes.