The rules support the New Income Tax Act, 2025, which will take effect from April 1, as announced by Finance Minister Nirmala Sitharaman during her 2026 Budget speech. The new code is set to replace the 60-year-old 1961 Act.
Analysis & Context
The rules support the New Income Tax Act, 2025, which will take effect from April 1, as announced by Finance Minister Nirmala Sitharaman during her 2026 Budget speech. The new code is set to replace the 60-year-old 1961 Act. This article provides comprehensive coverage and analysis of current events.
The rules support the New Income Tax Act, 2025, which will take effect from April 1, as announced by Finance Minister Nirmala Sitharaman during her 2026 Budget speech. The new code is set to replace the 60-year-old 1961 Act.