August 22, 2025 8:40 PM
Income Tax Act 2025 gets President’s assent; will be effective from 1st April 2026
The Income Tax Act, 2025, has been published in the Official Gazette after it received the President's assent. According to the Gazette, the Act consolidates and revises the law relating to income tax. The new law will come into force from 1st of April 2026. The Income Tax department in a social m...