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Budget 2026: What is the Section 87A rebate limit under new income tax regime for FY 2026-27?

In the Union Budget 2026, the Section 87A tax rebate, given in Income Tax,remain unchanged, disappointing taxpayers who had hoped for an increase to boost consumption and ease the burden on middle-income individuals. Thus, like for FY 2025-26, under the new tax regime, resident individuals with net taxable income up to Rs 12 lakh can…

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Trump’s $2,000 tariff rebate promise: Is it even feasible? When Americans might actually get it

US President Donald Trump has vowed a tariff rebate of $2,000 to Americans next year, offering a potential financial boost to millions facing high costs of living. “We’ve taken in hundreds of billions of dollars in tariff money. We’re going to be issuing dividends…probably the middle of next year, a little bit later than that,…

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US tariffs: Trump’s $2,000 rebate for Americans — Here’s what you need to know!

US President Donald Trump has revived one of his most unusual economic ideas, sending rebate cheques to Americans funded by the tariffs his administration has imposed. The announcement comes amid growing concerns about affordability across the United States.“People that are against Tariffs are FOOLS!” Trump wrote on Truth Social on Sunday. “A dividend of at…

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