New Delhi [India], February 8 (ANI): The government has urged stakeholders to study the Income-tax Act, 2025, and make suggestions, which will be compiled and considered for review before final notification.

The Income-tax Act, 2025, received the assent of the President in August 2025.

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The Act will come into effect from 1 April 2026.

The corresponding Income Tax Rules and related forms have been prepared after broad-based consultation to align with the provisions of the Income Tax Act, 2025.

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"Before final notification of the Income Tax Rules and Forms, to encourage wider stakeholder participation, the proposed Income Tax Rules and Forms have been uploaded on the official website: www.incometaxindia.gov.in. Stakeholders are encouraged to study the same and make suggestions, which will be compiled and considered for review before final notification," according to a statement by the Central Board of Direct Taxes (CBDT).

As part of a wider consultative process, the Income Tax Department invites inputs and suggestions from stakeholders in the following four categories: Simplification of Language; Reduction of Litigation; Reduction of Compliance Burden; and Identification of Redundant/Obsolete Rules and Forms.

To facilitate this, a utility has been launched on the e-filing portal, which can be accessed through the dedicated link.

The dedicated link is live and accessible to all stakeholders from February 4, 2026, on the e-filing portal. Stakeholders can submit their inputs by entering their name and mobile number, followed by an OTP-based validation process.

"All suggestions should clearly specify the relevant provision of the proposed Income-tax Rules or the proposed Form No. (including the specific rule, sub-rule, or form number) to which the recommendation pertains under the aforementioned four categories," CBDT added.

The Government had said in the budget in July 2024 that a time-bound comprehensive review of the Income-tax Act, 1961, would be undertaken to make the Act concise, lucid, and easy to read and understand. (ANI)

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