<h1>Income-tax Act 2025 takes effect April 1, 2026; authorities to notify simplified rules and forms by December 2025</h1> Presidential assent has been given to the Income-tax Act, 2025, which takes effect April 1, 2026; tax authorities are preparing simplified rules and reworked forms to implement the new statute and aim to notify those rules by December 2025. A rules-and-forms committee has identified redundancies, conducted public consultation, and submitted draft rules for internal vetting; drafts will proceed to the finance minister, be vetted by the law department, then be notified and laid before Parliament. Guidance materials, FAQs, SOPs, and officer capacity-building are planned to support transition and compliance.