New Income Tax Act 2025: Major Changes for Taxpayers from April 1, 2026

• The new Income Tax Act 2025 will replace the 1961 law from April 1, 2026, aiming to simplify tax administration.
• It introduces updated procedures, forms, and increased technology integration for filing and assessments.
• The law emphasizes digital processes, automated systems, and clarity in tax handling.
• CBDT Chairman Ravi Agrawal urged officials to train for effective taxpayer guidance.
• Taxpayers should stay updated, organize records, and seek guidance for a smooth transition.

Why It Matters: Prepare for India's New Income Tax Act 2025, effective April 1, 2026, bringing digital and procedural changes.