New Income Tax Act, 2025 is more taxpayer-friendly, says Chief Commissioner of Income Tax
The new Income Tax Act 2025 aims to simplify the tax system and make it more taxpayer-friendly. Chief Commissioner of Income Tax, V.S. Sreelekha, highlighted the removal of redundant clauses and the introduction of clearer language. The Act does not change tax rates but introduces new initiatives to assist taxpayers during the transition period.
- ▪The new Income Tax Act 2025 came into effect on April 1, 2026.
- ▪It focuses on simplification and clarity by removing obsolete clauses and revising complex language.
- ▪New initiatives like Kar Setu and Kar Saathi have been introduced to assist taxpayers during the transition.
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The new Income Tax Act 2025, which has come into force from April 1, 2026, has remodelled the tax system to a modern and more taxpayer-friendly form, said Chief Commissioner of Income Tax, Madurai, V.S. Sreelekha.She was addressing an outreach programme on the new Income Tax Act, 2025 here on Wednesday.She said that the old Income Tax Act, 1961 had become complex and unwieldy because of the numerous amendments introduced to it over the years. With inclusion of many explanations and provisos, its complexity gave room to ambiguity and litigations, he added.The most significant feature of the new Act is its focus on simplification and clarity.
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