Income Tax 8 September 2026
HUF Tax Planning 2026‑27: New Regime Cuts Deductions
Choosing the new tax regime for HUFs in the 2026‑27 fiscal year lowers the applicable tax slabs but eliminates several key deductions, including home loan interest, medical insurance premiums, education loan interest, and certain exemptions. Taxpayers must weigh lower rates against the loss of these benefits to decide the optimal filing option.
HUF taxpayers eyeing the 2026‑27 year face a trade‑off: the new default tax regime offers lower slab rates but strips away many popular deductions.
- Home loan interest deduction
- Medical insurance premium deduction
- Education loan interest deduction
- Various other exemptions
The loss of these benefits can offset the lower tax rates for many families. Weigh the lower slabs against the deductions you’ll forfeit before filing.
Read the full analysis here.
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