The government has released draft Income Tax Rules and Forms for 2026, inviting feedback from the public and stakeholders until 22nd February. These new rules and simplified forms are designed to align with the Income-tax Act 2025, aiming to reduce taxpayer burden through technological advancements like pre-filled options and automated reconciliation. The updated rules significantly reduce the number of regulations and forms compared to the 1961 version, with navigators provided to help understand the changes.
Income-tax Act, 2025 is to come into force from the 1st of April, 2026. Draft Income-tax Rules, 2026 and forms forming part of these Rules have been framed. These Rules are required to be notified shortly. Prior to the said notification, it has been decided to place the draft Income-tax Rules, 2026 (and Forms) in public domain so as to seek the feedback/comments from stakeholders and public. The draft rules and forms shall remain in public domain for a period of 15 days i.e. upto 22nd of Februar
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FAQ :
The Income-tax Act, 2025 is set to come into force from the 1st of April, 2026, and the draft Income-tax Rules, 2026 are being prepared for notification shortly thereafter.
The draft Income-tax Rules, 2026 and associated forms will be available for public feedback for a period of 15 days, concluding on 22nd February 2026.
The new rules and forms aim to simplify tax compliance, reduce the burden on taxpayers, and enhance user experience through simplified language, smart forms with pre-fill capabilities, and automated reconciliation.
The draft Income-tax Rules, 2026 contain 333 rules and 190 forms, a reduction from the Income-tax Rules, 1961 which had 511 rules and 399 forms.
Yes, two navigators are provided: one mapping old rules to the new draft rules, and another mapping old forms to the new draft forms, to guide stakeholders and the public.