The Economic Times

Key deductions in old and new tax regimes in FY 25-26: Experts want govt to increase these limits in Budget 2026

With Budget 2026 approaching, salaried taxpayers face a dilemma between the old tax regime's deductions and the new regime's higher tax-free limit. Those with home loans, insurance, or savings schemes are particularly confused. Experts hope Budget 2026 will offer increased deduction limits and a simpler, more balanced tax structure.