{"id":939,"date":"2026-04-01T11:56:20","date_gmt":"2026-04-01T11:56:20","guid":{"rendered":"https:\/\/www.mylegalbusiness.com\/blog\/?p=939"},"modified":"2026-04-02T05:44:05","modified_gmt":"2026-04-02T05:44:05","slug":"income-tax-changes-from-1-april-2026","status":"publish","type":"post","link":"https:\/\/www.mylegalbusiness.com\/blog\/income-tax-changes-from-1-april-2026\/","title":{"rendered":"Extensive Income Tax Changes from 1 April 2026"},"content":{"rendered":"\n<p>India is going to see a change, in the way Income Tax is handled with the Income Tax Act, 2025 that will start from 1<sup>st<\/sup> April, 2026. The Income Tax Act, 2025 will make Income Tax simpler. It will help people follow the rules. The Income Tax Act 2025 will make everything more open and easy for people who pay Income Tax.<\/p>\n\n\n\n<p>In this blog, we will explain all the changes that the Income Tax Act, 2025 will bring. We will talk about how these changes will affect people who work and get a salary. We will also talk about how the changes will affect individuals who have to pay Income Tax under the Income Tax Act, 2025.<\/p>\n\n\n\n<p>The Income Tax Act, 2025 will replace the existing Income Tax Act, 1961, marking a complete overhaul of India\u2019s tax framework.<\/p>\n\n\n\n<p class=\"has-medium-font-size\"><strong>Key Highlights:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Reduction in sections from 800+ to around 536<\/li>\n\n\n\n<li>Simplified language for better understanding<\/li>\n\n\n\n<li>Streamlined structure for easier compliance<\/li>\n<\/ul>\n\n\n\n<p class=\"has-medium-font-size\"><strong>Impact:<\/strong><\/p>\n\n\n\n<p>This change will make tax laws more accessible and reduce litigation due to clearer provisions.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_76 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.mylegalbusiness.com\/blog\/income-tax-changes-from-1-april-2026\/#Introduction_of_%E2%80%9CTax_Year%E2%80%9D\" >Introduction of \u201cTax Year\u201d<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.mylegalbusiness.com\/blog\/income-tax-changes-from-1-april-2026\/#Relief_Under_the_New_Tax_Regime\" >Relief Under the New Tax Regime<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.mylegalbusiness.com\/blog\/income-tax-changes-from-1-april-2026\/#HRA_House_Rent_Allowance_Update\" >HRA (House Rent Allowance) Update<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.mylegalbusiness.com\/blog\/income-tax-changes-from-1-april-2026\/#Sovereign_Gold_Bonds_SGB_Taxation\" >Sovereign Gold Bonds (SGB) Taxation<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.mylegalbusiness.com\/blog\/income-tax-changes-from-1-april-2026\/#Increase_in_Securities_Transaction_Tax_STT\" >Increase in Securities Transaction Tax (STT)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.mylegalbusiness.com\/blog\/income-tax-changes-from-1-april-2026\/#ITR_Filing_Due_Dates\" >ITR Filing Due Dates<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.mylegalbusiness.com\/blog\/income-tax-changes-from-1-april-2026\/#Changes_in_TCS_Tax_Collected_at_Source\" >Changes in TCS (Tax Collected at Source)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.mylegalbusiness.com\/blog\/income-tax-changes-from-1-april-2026\/#Removal_of_Interest_Deduction\" >Removal of Interest Deduction<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.mylegalbusiness.com\/blog\/income-tax-changes-from-1-april-2026\/#Changes_in_Forms_and_Reporting\" >Changes in Forms and Reporting<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.mylegalbusiness.com\/blog\/income-tax-changes-from-1-april-2026\/#Stronger_Compliance_Measures\" >Stronger Compliance Measures<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/www.mylegalbusiness.com\/blog\/income-tax-changes-from-1-april-2026\/#Buyback_Capital_Gains_Changes\" >Buyback &amp; Capital Gains Changes<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/www.mylegalbusiness.com\/blog\/income-tax-changes-from-1-april-2026\/#Conclusion\" >Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/www.mylegalbusiness.com\/blog\/income-tax-changes-from-1-april-2026\/#Frequently_Asked_Questions_FAQs\" >Frequently Asked Questions (FAQs)<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Introduction_of_%E2%80%9CTax_Year%E2%80%9D\"><\/span><strong>Introduction of \u201cTax Year\u201d<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>One of the biggest structural changes is the introduction of the concept of a \u201cTax Year.\u201d<\/p>\n\n\n\n<p><strong>What Changes:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Financial Year (FY) and Assessment Year (AY) will be eliminated<\/li>\n\n\n\n<li>Only a single Tax Year will be used<\/li>\n<\/ul>\n\n\n\n<p><strong>Impact:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Simplifies <a href=\"https:\/\/www.mylegalbusiness.com\/income-tax-return.php\"><strong>ITR return filing<\/strong><\/a><\/li>\n\n\n\n<li>Reduces confusion for taxpayers<\/li>\n\n\n\n<li>Makes compliance more straightforward<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Relief_Under_the_New_Tax_Regime\"><\/span><strong>Relief Under the New Tax Regime<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The government has made the new tax regime the default option, offering significant relief.<\/p>\n\n\n\n<p><strong>Key Benefit:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>NIL tax on income up to \u20b912 lakhs (subject to conditions)<\/li>\n<\/ul>\n\n\n\n<p><strong>Impact:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Major relief for middle-class and salaried individuals<\/li>\n\n\n\n<li>Increased disposable income<\/li>\n\n\n\n<li>Encourages adoption of the new regime<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"HRA_House_Rent_Allowance_Update\"><\/span><strong>HRA (House Rent Allowance) Update<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Changes have been made to HRA exemption rules.<\/p>\n\n\n\n<p><strong>Key Update:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>50% HRA exemption now applicable only in select metro cities:\n<ul class=\"wp-block-list\">\n<li>Delhi, Mumbai, Chennai, Kolkata<\/li>\n\n\n\n<li>Bengaluru, Pune, Hyderabad, Ahmedabad<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<p><strong>Impact:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Higher benefits restricted to metro cities<\/li>\n\n\n\n<li>Tax planning required for non-metro taxpayers<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Sovereign_Gold_Bonds_SGB_Taxation\"><\/span><strong>Sovereign Gold Bonds (SGB) Taxation<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Important changes in taxation of Sovereign Gold Bonds.<\/p>\n\n\n\n<p><strong>Key Changes:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Tax-free maturity only for original subscribers<\/li>\n\n\n\n<li>Secondary buyers will be subject to capital gains tax<\/li>\n<\/ul>\n\n\n\n<p><strong>Impact:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Investors must plan carefully before purchasing SGBs from the secondary market.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Increase_in_Securities_Transaction_Tax_STT\"><\/span><strong>Increase in Securities Transaction Tax (STT)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>STT rates have been revised upward.<\/p>\n\n\n\n<p><strong>Revised Rates:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Futures:<\/strong> 0.02% \u2192 0.05%<\/li>\n\n\n\n<li><strong>Options:<\/strong> 0.1% \/ 0.125% \u2192 0.15%<\/li>\n<\/ul>\n\n\n\n<p><strong>Impact:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Increased cost of trading<\/li>\n\n\n\n<li>Affects active traders and derivatives investors<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"ITR_Filing_Due_Dates\"><\/span><strong>ITR Filing Due Dates<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The due dates for filing Income Tax Returns remain structured but clarified.<\/p>\n\n\n\n<p><strong>Due Dates:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>31 July:<\/strong> Salaried individuals (ITR-1, ITR-2)<\/li>\n\n\n\n<li><strong>31 August:<\/strong> Non-audit cases (ITR-3, ITR-4)<\/li>\n<\/ul>\n\n\n\n<p><strong>Impact:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Clear timelines improve compliance discipline<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Changes_in_TCS_Tax_Collected_at_Source\"><\/span><strong>Changes in TCS (Tax Collected at Source)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The government has rationalized TCS rates.<\/p>\n\n\n\n<p><strong>Key Changes:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Foreign education\/medical expenses:<\/strong> 5% \u2192 2%<\/li>\n\n\n\n<li><strong>Overseas tour packages:<\/strong> Flat 2% (no threshold)<\/li>\n<\/ul>\n\n\n\n<p><strong>Impact:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Reduced burden on individuals spending abroad<\/li>\n\n\n\n<li>Easier cash flow management<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Removal_of_Interest_Deduction\"><\/span><strong>Removal of Interest Deduction<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Certain deductions are being removed.<\/p>\n\n\n\n<p><strong>Key Update:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>No deduction allowed on:\n<ul class=\"wp-block-list\">\n<li>Dividend income<\/li>\n\n\n\n<li>Mutual fund income<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<p><strong>Impact:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Higher taxable income<\/li>\n\n\n\n<li>Reduced tax-saving opportunities<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Changes_in_Forms_and_Reporting\"><\/span><strong>Changes in Forms and Reporting<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Tax reporting is becoming more structured and digital.<\/p>\n\n\n\n<p><strong>Key Updates:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Form 16 \u2192 Form 130<\/li>\n\n\n\n<li>Form 26AS \u2192 Form 163 \/ 168 (updated reporting formats)<\/li>\n<\/ul>\n\n\n\n<p><strong>Impact:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Better transparency<\/li>\n\n\n\n<li>Improved tracking of financial transactions<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Stronger_Compliance_Measures\"><\/span><strong>Stronger Compliance Measures<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The new law introduces advanced compliance mechanisms.<\/p>\n\n\n\n<p><strong>Key Features:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>More transactions captured in AIS\/TIS<\/li>\n\n\n\n<li>AI-based scrutiny and data matching<\/li>\n<\/ul>\n\n\n\n<p><strong>Impact:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Increased accountability<\/li>\n\n\n\n<li>Reduced chances of tax evasion<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Buyback_Capital_Gains_Changes\"><\/span><strong>Buyback &amp; Capital Gains Changes<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>New rules will apply to buybacks and capital gains taxation.<\/p>\n\n\n\n<p><strong>Impact:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Requires fresh tax planning strategies<\/li>\n\n\n\n<li>Important for investors and business owners<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The Income Tax Act, 2025 is a transformational reform aimed at making India\u2019s tax system:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Simpler<\/li>\n\n\n\n<li>More transparent<\/li>\n\n\n\n<li>Technology-driven<\/li>\n\n\n\n<li>Taxpayer-friendly<\/li>\n<\/ul>\n\n\n\n<p>The new rules have some changes like no tax on money up, to \u20b912 lakhs and it is easier to follow the rules.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_FAQs\"><\/span><strong>Frequently Asked Questions (FAQs)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><strong>1. What is the Income Tax Act, 2025?<\/strong><\/p>\n\n\n\n<p>The Income Tax Act 2025 is a law that will take the place of the old Income Tax Act, 1961. The Income Tax Act 2025 wants to make tax rules easier to understand get rid of things and help people follow the rules better.<\/p>\n\n\n\n<p><strong>2. When will the new Income Tax Act come into effect?<\/strong><\/p>\n\n\n\n<p>The new law will be effective from 1 April 2026.<\/p>\n\n\n\n<p><strong>3. What is meant by \u201cTax Year\u201d?<\/strong><\/p>\n\n\n\n<p>The concept of Tax Year replaces both:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Financial Year (FY)<\/li>\n\n\n\n<li>Assessment Year (AY)<\/li>\n<\/ul>\n\n\n\n<p>Now, only one period called the Tax Year will be used for income reporting and taxation.<\/p>\n\n\n\n<p><strong>4. Will the old tax regime continue?<\/strong><\/p>\n\n\n\n<p>The new tax regime is what people will use by default. People who pay taxes can still pick the old tax regime if they want to and this is allowed subject to government rules.<\/p>\n\n\n\n<p><strong>5. Is income up to \u20b912 lakhs tax-free?<\/strong><\/p>\n\n\n\n<p>Yes, with the new tax regime people will not have to pay tax on income up, to \u20b912 lakhs and this is because the new tax regime is designed to make this amount of money tax-free depending on what the government decides about rebates<\/p>\n\n\n\n<p><strong>6. What changes have been made to the HRA exemption?<\/strong><\/p>\n\n\n\n<p>The rules for HRA exemption now say that only people who live in big cities can get fifty percent HRA exemption.<\/p>\n\n\n\n<p>These HRA exemption rules will apply to cities like:<\/p>\n\n\n\n<p>\u2022 Delhi, Mumbai, Chennai, Kolkata<\/p>\n\n\n\n<p>\u2022 Bengaluru, Pune, Hyderabad, Ahmedabad<\/p>\n\n\n\n<p><strong>7. Are Sovereign Gold Bonds (SGB) still tax-free?<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Yes, but only for original subscribers at maturity<\/li>\n\n\n\n<li>No, for secondary buyers (they will pay capital gains tax)<\/li>\n<\/ul>\n\n\n\n<p><strong>8. Has Securities Transaction Tax (STT) increased?<\/strong><\/p>\n\n\n\n<p>Yes.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Futures: Increased to 0.05%<\/li>\n\n\n\n<li>Options: Increased up to 0.15%<\/li>\n<\/ul>\n\n\n\n<p>This will increase trading costs.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote has-pale-cyan-blue-background-color has-background is-layout-flow wp-block-quote-is-layout-flow\">\n<p><strong>ALSO READ<\/strong><\/p>\n<\/blockquote>\n\n\n\n<p><a href=\"https:\/\/www.mylegalbusiness.com\/blog\/buy-back-of-securities\/\"><strong>Buy Back of Securities<\/strong><\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/www.mylegalbusiness.com\/blog\/change-in-object-clause-of-a-section-8-company\/\"><strong>Change in Object Clause of a Section 8 Company<\/strong><\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/www.mylegalbusiness.com\/blog\/alteration-of-moa-in-section-8-company-process-rules\/\"><strong>Alteration of MOA in Section 8 Company<\/strong><\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/www.mylegalbusiness.com\/blog\/how-section-8-companies-can-raise-funds-legally\/\"><strong>How Section 8 Companies Can Raise Funds Legally<\/strong><\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/www.mylegalbusiness.com\/blog\/compliance-calendar-for-section-8-companies\/\"><strong>Compliance Calendar for Section 8 Companies<\/strong><\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/www.mylegalbusiness.com\/blog\/trademark-class-list\/\"><strong>Trademark Class List Explained with Examples<\/strong><\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/www.mylegalbusiness.com\/blog\/startup-funding-guide\/\"><strong>Startup Funding Guide<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>India is going to see a change, in the way Income Tax is handled with the Income Tax Act, 2025 that will [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":940,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24],"tags":[],"class_list":["post-939","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-itr-filing"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Extensive Income Tax Changes from 1 April 2026<\/title>\n<meta name=\"description\" content=\"Extensive income tax changes from 1 April 2026, know new tax rules, updated slabs, deductions, and key amendments.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.mylegalbusiness.com\/blog\/income-tax-changes-from-1-april-2026\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta 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