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Income-tax Act, 2025: the new law

What the Income-tax Act, 2025 changes: new section numbers, the tax year concept, renamed forms and what it means for your next return.

Guides on this topic

  • New section numbers: old to new mapping

    The Income-tax Act, 2025 renumbers the sections and forms you knew. See how TDS and TCS sections map from the 1961 Act to the 2025 Act, which codes were omitted, and how forms like Form 16 and Form 26AS are renamed.

    4 min readUpdated 26-Oct-2026

  • Income-tax Act, 2025: what changed for individuals

    The Income-tax Act, 2025 replaces the 1961 Act from the tax year 2026-27. For most individuals the slabs and deductions you know carry over; what changes is the vocabulary, section numbers, form numbers and the statements you read. Here is a clear list.

    6 min readUpdated 26-Oct-2026

  • Is your tax liability changing under the new Act?

    The Income-tax Act, 2025 applies from 1 April 2026, so the tax year 2026-27 is the first one under it. What changes for you today is mostly names, numbers and forms. Whether your rates change depends on the Finance Act 2026, which is why TaxCare labels its 2026-27 figures provisional.

    4 min readUpdated 26-Oct-2026

  • Tax year: the new terminology explained

    Under the Income-tax Act, 2025 there is one year label: the tax year, the 12 months from 1 April in which the income was earned. Learn how it works, how to match older labels, and how it fits the due dates.

    4 min readUpdated 26-Oct-2026

  • TDS sections under the new Act: old to new

    The Income-tax Act, 2025 moves TDS and TCS into sections 392, 393 and 394, and renames the forms. This crosswalk maps each old section, such as 194A or 194C, to its new place, and lists the renamed forms.

    7 min readUpdated 26-Oct-2026

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