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New Income Tax Rules 2026: The Income Tax Department on Saturday released the draft Income-tax Rules, 2026. These new rules will become effective from April 1, 2026, that is the start of the financial year 2026-27. There are several changes aimed at simplification in tax filing and ease of compliance in the new draft income tax rules 2026.
An important reform to India's tax system will take place on April 1, 2026, when the Income-tax Act, 2025, goes into effect. These modifications will have an impact on how people, companies, and investors calculate taxes, report income, and adhere to TDS/TCS regulations.
