India Introduces New Income Tax Rules 2026 Under Revised Tax Law
The Income Tax Rules 2026 came into force on April 1, 2026, replacing the six-decade-old Income-tax Act, 1961 with a fully restructured framework applicable from Tax Year 2026–27 onwards. The Central Board of Direct Taxes (CBDT) issued the new rules following the enactment of the Income Tax Act, 2025, which received Presidential assent on August 21, 2025. […]
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