The Income Tax Department on Sunday said it has sought suggestions from stakeholders on the draft tax rules and forms under the new Income Tax Act, 2025, which will come into effect from April 1. In a statement, the department said that to ensure broad participation, the 'Proposed Income Tax Rules, 2026' and the related forms have been uploaded on the official website before the final notification. The Central Board of Direct Taxes (CBDT) has sought suggestions from stakeholders in four categories as part of the consultation process.
These are the 4 categories for suggestions:
The categories for suggestions include simplification of language, reduction in litigation, reduction in compliance burden, and identification of irrelevant or outdated rules and forms. You can submit your suggestions directly through this link.
The department said, "Stakeholders are encouraged to review these drafts and provide their suggestions. All suggestions will be compiled and considered for review before the final notification."
A link has been provided on the portal
To facilitate the submission of suggestions, a link has been provided on the 'e-filing' portal, which has been active since February 4, 2026. Stakeholders can share their suggestions after OTP-based verification using their name and mobile number.
The department has clarified that while submitting suggestions, the relevant rule, sub-rule, or form number should be clearly mentioned. The new Income Tax Act, 2025, will replace the six-decade-old Income Tax Act, 1961, and will come into effect from April 1. The current Income Tax Rules, 1962, have 511 rules and 399 forms, while the proposed new rules reduce the number to 333 rules and 190 forms, respectively.
Disclaimer: This content has been sourced and edited from Dainik Jagran. While we have made modifications for clarity and presentation, the original content belongs to its respective authors and website. We do not claim ownership of the content.
-
Harshit Rana Undergoes Successful Knee Surgery, Shares Update on Social Media

-
OPINION | Budget 2026 Talks POSHAN, But India’s Nutrition Crisis Still Goes Hungry

-
Taiwan Says 40% Shift Of Semiconductor Manufacturing To US ‘Impossible’ Amid Trade Pressure

-
India-US Trade Framework Fails To Lift Rupee; Currency Ends 9 Paise Lower

-
ABP Live Courses Guide | Best Creative And Crafting Courses To Pursue After Class 12
