The Economic Times

Union Budget 2026: Old vs New Tax Regime; what salaried taxpayers with Rs 15 lakh, Rs 25 lakh and higher income should opt

Union Budget 2026 highlights the new tax regime's advantage for salaried individuals. Lower tax rates under the new system offer significant savings compared to the old regime. While the old tax regime remains for specific cases like housing loan interest, the new regime is becoming the mainstream. This shift focuses on simplicity and reduced tax liability for most taxpayers.