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Income Tax Reform

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Read more about the article GST for Personal Finance: FM Nirmala Sitharaman Prepares the ₹2 Lakh Crore ‘One Tax’ Slab Reset
Money & Policy

GST for Personal Finance: FM Nirmala Sitharaman Prepares the ₹2 Lakh Crore ‘One Tax’ Slab Reset

Finance Minister Nirmala Sitharaman is reportedly planning a radical consolidation of income tax slabs for Budget 2026. This 'GST-style' overhaul aims to simplify the tax code and unlock a ₹2 lakh crore consumption boom for India's middle class.

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May 5, 2026

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