CBDT Notifies Income-tax Rules, 2026: What Changes from 1 April 2026
CBDT has notified the Income-tax Rules, 2026 under the Income-tax Act, 2025, effective 1 April 2026. The Rules consolidate 500+ rules into 333, refresh perquisite valuations, widen the 50% HRA city list; FY 2025-26 compliance stays on the 1961 Act for a clean transition.
Vikram Mehta
@ca_vikram
Long career in direct tax and international taxation, mostly out of Pune. Views personal.