Budget 2026: Is the old income tax regime slowly on its way out?

𝐁𝐮𝐝𝐠𝐞𝐭 2026 𝐜𝐨𝐧𝐟𝐢𝐫𝐦𝐬 𝐚 𝐪𝐮𝐢𝐞𝐭 𝐛𝐮𝐭 𝐝𝐞𝐜𝐢𝐬𝐢𝐯𝐞 𝐭𝐫𝐚𝐧𝐬𝐢𝐭𝐢𝐨𝐧.

📌 72% taxpayers already in the new regime
📌 Standard deductions under both regimes
📌 Fewer exemptions, higher simplicity

As Atul Puri, 𝐌𝐚𝐧𝐚𝐠𝐢𝐧𝐠 𝐏𝐚𝐫𝐭𝐧𝐞𝐫 & 𝐂𝐨-𝐟𝐨𝐮𝐧𝐝𝐞𝐫 at 𝐒𝐖 𝐈𝐧𝐝𝐢𝐚 explains in India Today, the old income tax regime isn’t ending overnight—but it’s clearly on its way out