The new Act applies to income earned from 1 April 2026 and introduces the tax year. Returns for FY 2025–26 (AY 2026–27) are still filed under the 1961 Act.
Regulatory update · Income tax
Income-tax Act, 2025 comes into force
This article is general information based on the law as at the date shown and is not professional advice. Material corrections are recorded here with the date of the update.