The Indian government has released new draft income tax rules in line with the New Income Tax Act. Discover the new ...

The proposal is part of the Draft Income Tax Rules, 2026, introduced under the new income tax framework. If the proposal receives final approval, the new rule will come into effect from April 1, 2026.

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The Indian government has proposed changes to the Income-tax Rules, 2026, making Permanent Account Numbers (PAN) cards mandatory for certain high-value transactions. The government has released these ...