India, Feb. 8 -- The Government of India has issued a release:

The Income-tax Act, 2025 received the assent of the President in August 2025. The Act will come into effect from 1st April 2026.

Before final notification of the Income Tax Rules and Forms, to encourage wider stakeholder participation, the proposed Income Tax Rules and Forms have been uploaded on the official website: www.incometaxindia.gov.in. The corresponding Income-tax Rules and related Forms have been prepared after broad-based consultation to align with the provisions of the Income-tax Act, 2025.

Stakeholders are encouraged to study the same and make suggestions, which will be compiled and considered for review before final notification.

As part of a wider consultative...