Budget 2026: System will be easy for taxpayers, government’s emphasis on AI

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Tax rebate was increased in the last budget. Due to this, people earning up to Rs 12 lakh do not have to pay tax and the salaried class gets a standard deduction of Rs 75,000. The aim of the government is to create an easier and less complex tax system, so that paying taxes becomes easier and the work of the department also becomes easier. What changes can happen - This time there is less possibility of major changes in tax slab or rate. The government will focus on smooth transition from the old Income Tax Act 1961 to the new Act 2025. The main target will be to get tax refund quickly and make it easy to follow the rules. Systems like AIS and TIS have made it easier to pay taxes, but many times mistakes and duplicate entries occur in it. In the budget, work can be done on making the digital system more reliable and transparent. If AI is used properly, tax returns can be auto-filled, mistakes will be reduced and filing will be easy. Real-time tracking system for tax refunds can also prove helpful. Along with this, further improvements can also be made in it. Emphasis on quick disposal of income tax cases. Clear and practical rules on crypto and digital assets. Possibility of making ESOP tax easier for all employees. Overall, Budget 2026 aims to make the tax system simple, transparent and digital technology-friendly. The new income tax law will improve the experience of taxpayers and the government will have to strike a balance between the common people and the revenue.

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