Quick Summary
In anticipation of the landmark Income Tax Bill being passed, the CBDT has launched a detailed implementation program to ensure a seamless transition to the new legal framework. According to the Board's action plan for FY 2025-26, at least 50% of the Income Tax Department's workforce will be trained on the new statute by March 31, 2026. New IT Law in Final Stages of Review The new Income Tax Bill, introduced during the Union Budget Session, is currently under review by the Select Committee o
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FAQ :
The CBDT has launched a comprehensive training drive for the Income Tax Department's workforce to ensure a smooth transition to the new legal framework.
The training programme aims to have at least 50% of the Income Tax Department's workforce trained on the new statute by March 31, 2026.
The new bill aims to simplify language, reduce redundancy, streamline tax procedures, reduce litigation, and enhance the taxpayer experience, replacing the Income-tax Act of 1961.
The new law will feature simplified language, shorter legislation with fewer redundant provisions, and a unified 'tax year' concept, making it easier to understand and comply with.
The Directorate of Training is developing the roadmap, and Principal Chief Commissioners of Income Tax in each region will lead the implementation, including monthly training calendars and outreach efforts.
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