Tax for you: Major tax changes taking effect from 1 April 2026 under new Income-tax Act, 2025

According to CA Dr Suresh Surana, the Income-tax Act, 2025 (ITA 2025) aims to simplify compliance, rationalise procedures and align the tax framework with current economic realities. Several key changes will directly affect individuals, businesses, investors and companies from the new tax year.

Tax for you: Major tax changes taking effect from 1 April 2026 under new Income-tax Act, 2025
According to CA Dr Suresh Surana, the Income-tax Act, 2025 (ITA 2025) aims to simplify compliance, rationalise procedures and align the tax framework with current economic realities. Several key changes will directly affect individuals, businesses, investors and companies from the new tax year.

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