Income Tax Act 2025 Comes Into Force Today: Big Tax Reform 2026, Explained Legal updatesHeadlines Income Tax Act 2025 Comes Into Force Today: Big Tax Reform 2026, Explained The Income Tax Act, 2025 comes into force April 1, 2026, replacing 1961 law, introducing structural and procedural changes despite no change in tax rates or deductions. Budget 2026 proposals via Finance Act 2026 will apply alongside it. By Satyajeet Barik 1 April 2026, 3:46 PM1 April 2026, 3:46 PM
