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Last Updated:January 30, 2026, 7:22 PM IST Tax reliefs are deducted from your total annual income, while a tax rebate is applied after the tax is calculated. As Budget 2026 nears, here’s how tax relief and Section 87A rebate work. (Representative Image) Finance Minister Nirmala Sitharaman is set to present her ninth consecutive Union Budget…
New Delhi36 minutes ago copy link The government has not changed the interest rates on small savings schemes for October-December (Q3FY26). That means you will continue to get the same interest as before. In such a situation, if you want to save tax and get more return on your investment than Fixed Deposit i.e. FD,…
Income tax calculations, ITR filing for FY2526: In the new tax regime, tax slabs have been significantly revised. These slabs will be applicable for the income earned in the financial year 2025-26. The slabs that came into effect on April 1, 2025, replaced the slabs that will be applicable for FY 2024-25. With the revised…