Don’t just earn, learn to save also, here are 5 magical rules of tax, which will change your way of saving money.

News India Live, Digital Desk: With the beginning of the year 2026, there is only one worry in the mind of all of us, ‘Monthly earning is fine, but what will be left in the hand after tax is deducted?’ We make thousands of attempts to save money in our morning to evening rush, but often government rules confuse us. The good news is that the government has made some changes in the tax system, which will have a direct impact on your small savings. If you also want to know how much happiness is going to be saved in your wallet this time, then understand these 5 rules in simple language. 1. Growing Power of Standard DeductionIf you are a salaried person, then you might be relieved to hear the word Standard Deduction. The government has expanded its scope a little further. In simple language, now a large part of your salary will become tax-free without any hard work or investment. This means that a huge amount which used to go in tax at the end of the year, will now be used for your fixed deposit (FD) or children’s education.2. New ‘bracket’ for the middle class: ‘The middle class has always had only one complaint – we are the earners and we are the first to come under the tax net.’ The minor changes that the new rules of 2026 have made in the Income Tax Slabs may sound small, but when you add it to the expenses of the entire year, it will emerge as a big relief. This effort to reduce the tax burden for low income people is really commendable.3. Digital Refunds: The wait is over! Do you remember, earlier people used to file their Income Tax Returns (ITR) and wait for the refund for months? Now technology has made everything faster. Due to digital transparency coming in the world of tax, your money will now be returned directly to your bank account faster. This means that the government will no longer keep the money to which you have rights in its file for long.4. New ways of investment and savings: It is not only important to pay tax, saving it is also an art. The 2026 updates indicate that discounts on select investment plans are being made even more attractive. If you plan your portfolio properly, then along with saving tax, you can also create a big savings for your future.5. Online process made easier: What irritates all of us the most is tax paperwork and complicated websites. Now the government is going to make this entire process so ‘user friendly’ that even a common man can calculate his savings and taxes in a jiffy without any expert’s advice. A little advice: Tax rules are not just for reading, after understanding them it is beneficial to invest in the right place. These 5 rules for 2026 are an opportunity for you to revisit your financial planning. With a little savvy, you can easily save a few thousand rupees a month, and that extra savings can become a stepping stone to your dream home or vacation.