New Delhi, Feb. 1 -- Budget 2026 income tax announcements: Finance Minister Nirmala Sitharaman on Sunday, 1 February, announced the Union Budget 2026 - a speech that taxpayers had been waiting for since weeks. However, to their disappointment this year, Budget 2026 did not allow any relief for taxpayers in terms of slashing income tax or changing the income tax slabs.

Salaried taxpayers and the middle class citizens of India were expecting major income tax announcements after the relief that FM Sitharaman announced last year.

(This is a developing story. Check back for updates)

Published by HT Digital Content Services with permission from MINT....