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PM Modi inaugurates major petroleum pipeline expansion project in Assam

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The previous Income Tax Act was over 65 years old and had more than 800 sections. The new law reduces this to around 536 sections and removes many explanations and provisos that made the law complicated. The language has been simplified so that an average taxpayer can understand it more easily.

New Income Tax Rules 2026 Explained: Key changes, allowances and what every taxpayer needs to know

According to officials, the proposed rules have been recast to match the framework of the Income-tax Act, 2025, with a focus on clearer language and streamlined provisions.

CBDT Unveils Draft Income-tax Rules, 2026: Fewer rules, smarter ITRs, public consultation open

income-tax-rules-2026

The previous Income Tax Act was over 65 years old and had more than 800 sections. The new law reduces this to around 536 sections and removes many explanations and provisos that made the law complicated. The language has been simplified so that an average taxpayer can understand it more easily.

According to officials, the proposed rules have been recast to match the framework of the Income-tax Act, 2025, with a focus on clearer language and streamlined provisions.

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Income Tax Rules 2026 News- Zee Business provides latest news on Income Tax Rules 2026, Income Tax Rules 2026 news Today, Top News on Income Tax Rules 2026, update on Income Tax Rules 2026 Stay updated with business news, breaking news headlines.

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Income Tax Rules 2026

New Income Tax Rules 2026 Explained: Key changes, allowances and what every taxpayer needs to know

CBDT Unveils Draft Income-tax Rules, 2026: Fewer rules, smarter ITRs, public consultation open

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