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 Explore key highlights of the Income Tax Act 2025 and download the Income Tax Act 2025 PDF for full details on new tax rules, changes, and applicability. A Complete Guide to the Income Tax Act 2025 The government of India has introduced the long-anticipated Income Tax Act 2025 , aiming to simplify and modernize the nation's direct taxation system. Presented in Parliament on February 13, 2025, the new law is set to replace the outdated Income Tax Act, 1961. This fresh legislation reflects a significant shift in the way taxes will be calculated and reported starting April 1, 2026. Unlike previous reforms, the Income Tax Act 2025 isn’t just a minor update—it’s a comprehensive rewrite designed to bring Indian tax laws in line with global standards. Notably, a dedicated committee will review this bill and submit its findings by the beginning of the Monsoon Session of Parliament. Let’s dive into what’s new and what you need to know. When Will the Income Tax Act 2025 Be Applicab...

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