New Delhi, Nov. 25 -- Debjyoti Das, Principal Chief Commissioner of Income Tax, on Tuesday highlighted the enactment of the Income Tax Act 2025, effective from April 1 2026, which promises a simplified, cohesive and user-friendly legal framework.
"The new act consolidates and restructures provisions to improve logical flow and reduce the volume of sections to nearly half, while retaining substances and principles that ensure tax certainty," Das said while addressing PHDCCI today here.
Das affirmed that simplification was a deliberate choice reflecting the government's vision to move away from complicated colonial-era laws towards a modern, accessible statute that embodies clarity and ease of compliance.
He elaborated on the revamped regi...