Income Tax Act 2025 received approval from the President: will be applicable from 1 April 2026; No change in tax rate
New Delhi6 minutes ago Copy link Finance Minister Nirmala Sitharaman introduced the Income Tax Bill in the Lok Sabha on 13 February 2025. The new Income Tax Act 2025 has received the President’s approval. On August 21, the central government has notified new rules. From 1 April 2026 it will replace the old law of…