The Act will come into effect from 1 April 2026.
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Moneycontrol08-02-2026, 11:57

New Income-tax Act 2025: CBDT Seeks Public Suggestions on Draft Rules/Forms

  • The Income-tax Act, 2025, assented by the President in August 2025, will be effective from April 1, 2026.
  • CBDT has uploaded draft Income Tax Rules and related forms online for public review and suggestions.
  • Stakeholders are encouraged to provide inputs on language simplification, litigation reduction, compliance burden, and identifying obsolete rules/forms.
  • A utility on the e-filing portal, live since February 4, 2026, facilitates submission of suggestions with OTP validation.
  • Suggestions should clearly specify the relevant provision of the proposed rules or form number.

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