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How will salaries of taxpayers be affected after Budget 2026?
short by Ashley Paul / on Sunday, 1 February, 2026
Financial burden on taxpayers is expected to be reduced as income tax and TDS have been removed on interest awarded by Motor Accident Claims Tribunal. TCS on tour packages, education and medical remittances abroad has been cut to 2%, which may increase taxpayers' disposable income. The Budget has also clarified that manpower supply services will now fall under TDS rules.
read more at NDTV Profit