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Simplified IT Act comes into force on April 1
The Avenue Mail
|January 12, 2026
New Delhi, Jan 11 (IANS): Beginning April 1, the Income Tax Act, 2025, will come into force replacing the six-decade old tax law and the changes made in tax laws in 2026-27 Budget will be incorporated in the new legislation.
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The 2025 IT law is revenue neutral with no change in tax rates. Ithas only made direct tax laws simple to understand, removed ambi
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