The drafts have been opened for public comments for 15 days, until February 22, 2026. The tax department has invited ...

India’s income tax system will undergo a major overhaul from April 1, 2026, according to various reports. The Income Tax ...

The Income Tax Department has released the Draft Income-tax Rules, 2026, along with draft forms to implement the Income-tax Act, 2025, offering the first detailed glimpse into how India’s revamped tax ...

I-T department invites public feedback on draft rules and forms for the new Income Tax Act, aiming to simplify compliance.

Income Tax Department unveils new Income Tax Act, 2025 rules with simpler returns, higher exemptions, and streamlined compliance for taxpayers in India.

India's new Income-tax framework, set to begin in 2026, aims to simplify tax compliance by reducing the number of rules and forms significantly.

All the rules and forms under the Act, which will take effect beginning April 1 this year, will be notified at one go. Through the new forms, the department aims to capture the data in a manner that ...

The Centre’s draft income-tax rules are broadly welcome, especially their evident effort to ease the filing of returns by ...

The currently applicable 'Income Tax Rules, 1962' had a total of 511 rules and 399 forms.

A legal and practical analysis of India’s tax complexity, challenges faced by taxpayers, judicial insights, and reforms aimed at simplification and ...

India’s new Income-tax rules promise simpler compliance through fewer forms and pre-filled returns. But by reviving Old Regime exemptions, they risk making tax choices harder for salaried taxpayers.