https://www.taxtmi.com/news?id=70575 Draft Income tax Rules and Forms, 2026 are published for 15 days of public consultation prior to notification under the Income tax Act, 2025 (effective 1 April 2026). The drafts simplify rule language, remove redundancies, consolidate provisions and standardise form fields, introducing smart forms with prefill and automated reconciliation. A navigator maps prior rules and forms to the new drafts, and stakeholders are invited to provide rule wise and form wise feedback to reduce compliance burden and enable centralised processing. en-us Mon, 09 Feb 2026 10:15:00 +0530 Wed, 11 Feb 2026 21:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=70575 Draft Income tax Rules and Forms, 2026 are published for 15 days of public consultation prior to notification under the Income tax Act, 2025 (effective 1 April 2026). The drafts simplify rule language, remove redundancies, consolidate provisions and standardise form fields, introducing smart forms with prefill and automated reconciliation. A navigator maps prior rules and forms to the new drafts, and stakeholders are invited to provide rule wise and form wise feedback to reduce compliance burden and enable centralised processing. News - Mon, 09 Feb 2026 10:15:00 +0530 https://www.taxtmi.com/news?id=70575