Taxpayers Demand Inflation-Proof Slabs, Simpler Laws from FM Sitharaman in Budget 2026

budget
M
Moneycontrol•22-12-2025, 18:08
Taxpayers Demand Inflation-Proof Slabs, Simpler Laws from FM Sitharaman in Budget 2026
- •Taxpayers seek inflation-proof tax slabs in Union Budget 2026 to counter rising prices and prevent higher tax burdens.
- •Expectations include amendments to the Income Tax Act, 2025, for a smoother transition and simplified tax administration.
- •Demands for easier TDS and capital gains rules, and measures to increase disposable income amidst growing family expenses.
- •Concerns raised over high individual tax rates (up to 42%) compared to companies, hindering wealth creation.
- •Call for simplification of rules for creating trusts for education and healthcare.
Why It Matters: Taxpayers urge FM Sitharaman for inflation-linked tax slabs, simpler laws, and relief in Budget 2026.
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