The Income Tax Act, 2025, scheduled for April 1, 2026, aims to replace the outdated tax law and streamline tax compliance for ordinary citizens. The act is revenue-neutral.
The new law aims to replace the long-standing Income Tax Act, 1961, with clearer language, simpler rules, and easier compliance ...
The Income Tax Act, 2025, simplifies direct taxes, removing ambiguities and thus reducing the scope of legal actions.
New Income Tax Rules 2026: During a post-budget discussion, CBDT chairman Ravi Agrawal said that the tax department plans to ...