Income Tax Rules Changing From April 1: STT Hike, New ITR Deadlines & Revised Return Window
Several key Income Tax Rules changes in India’s direct tax system will take effect on April 1, 2026. The Income-tax Act, 2025, will replace the six-decade-old Income-tax Act, 1961. The new law uses simpler language, and the proposals announced in the Union Budget 2026 will stay the same. Tax experts say the changes aim to