New income-tax regime from April 1 boosts HRA, education, meal exemptions, tightened compliance norms
Mar 31, 2026
The new Income-tax Act, 2025, set to come into effect from April 1, 2026, marks a comprehensive overhaul of India's six-decade-old tax framework, with a focus on simplifying compliance, enhancing transparency, and rationalising exemptions for salaried taxpayers.