Introduction: A Historic Shift in India's Tax Framework

On 20th March 2026, the Central Board of Direct Taxes (CBDT) notified the Income-Tax Rules, 2026 (G.S.R. 198(E)) in the Official Gazette of India. These rules, framed under Section 533 of the Income-tax Act, 2025 (Act No. 30 of 2025), will come into force on 1st April 2026 — replacing the six-decades-old Income-tax Rules, 1962.

This is not merely a cosmetic change. The Income-tax Act, 2025 itself is a landmark legislation that replaced the Income-tax Act, 1961. It reduced the number of sections from 819 to 536, cut chapters from 47 to 23, and slashed the word count roughly in half — from over 5 lakh words to around 2.6 lakh words. New tables and formulas replace complex textual provisions to make the law more readable.

The 2026 Rules — a massive 976-page document covering 300+ rules and 150+ forms — provide the operational machinery for the new Act. In this article, we decode all the key rules in plain language so that every taxpayer — individual, business, or professional — knows exactly what is changing and what it means for them.

💡 Key Takeaway: The Income-Tax Rules, 2026 do NOT impose new taxes. They streamline procedures, mandate more transparency, and bring the tax system firmly into the digital age — effective 1 April 2026.

1. Valuation of Perquisites for Salaried Employees (Rule 15)

Rule 15 governs how the taxable value of benefits ('perquisites') provided by employers to employees is calculated under the head 'Salaries'. This is one of the most practically important rules for salaried professionals.

A. Residential Accommodation Provided by Employer

If your employer provides you with a house or flat, the value of this benefit is added to your taxable salary. The taxable amount depends on where you live and the population of the city:

City Category (2011 Census Population)	Unfurnished Accommodation	Furnished Accommodation
Metro cities — population above 40 lakhs	10% of salary	10% of salary + 10% p.a. of furniture cost
Large cities — population 15–40 lakhs	7.5% of salary	7.5% of salary + 10% p.a. of furniture cost
Other areas — population below 15 lakhs	5% of salary	5% of salary + 10% p.a. of furniture cost
Hotel accommodation (beyond 15 days on transfer)	Lower of: actual hotel charges OR 24% of salary	Same as unfurnished

If the accommodation is taken on lease by the employer, the taxable value is the lower of the actual lease rent or 10% of salary, reduced by any rent actually paid by you.

📌 Important: Where the same accommodation is provided for more than one tax year, the taxable perquisite value from the second year onwards cannot exceed the first year's value indexed using the Cost Inflation Index. This prevents incremental taxation on the same benefit year after year.

B. Motor Car Perquisite (Rule 15, Table II)

The value of a company car used partly for personal purposes is now computed based on engine capacity:

Situation	Engine ≤ 1.6 Litres / EV	Engine > 1.6 Litres
Employer pays running costs; used partly personally	₹5,000/month (+ ₹3,000 if chauffeur)	₹7,000/month (+ ₹3,000 if chauffeur)
Employee pays running costs; used partly personally	₹2,000/month (+ ₹3,000 if chauffeur)	₹3,000/month (+ ₹3,000 if chauffeur)
Used wholly for official duties (with log book)	Nil	Nil

Electric vehicles are treated at par with cars up to 1.6 litre engine — a benefit for employees using EVs. Where the car is used wholly and exclusively for official duties, and the employer maintains proper records of journeys (date, destination, mileage), the perquisite value is nil.

C. Special Exemptions for Remote/Mining Sites

Temporary accommodation provided to employees at mining sites, oil exploration sites (on-shore), dam sites, power generation sites, project execution sites, or remote areas is exempt from perquisite taxation — provided the accommodation has a plinth area not exceeding 1,000 sq. ft. and is located at least 8 km from municipal limits.

2. TDS — Deduction and Payment Rules

A. Time for Depositing TDS

The general rule is that tax deducted at source (TDS) must be deposited to the government within 7 days from the end of the month in which deduction was made. However, for TDS deducted in March, the deposit deadline is 30th April.

For specific categories of payments — rent, immovable property purchase consideration, contractor payments, professional fees, and Virtual Digital Assets (VDA/crypto) — the TDS must be deposited within 30 days from the end of the month in which deduction was made, along with a challan-cum-statement in Form No. 141.

B. Quarterly TDS Payment Option

Certain small deductors may, with the prior approval of the Joint Commissioner of Income Tax, make quarterly TDS payments (for salary TDS and certain other categories). The quarterly due dates are:

Quarter ending 30th June → by 7th July
Quarter ending 30th September → by 7th October
Quarter ending 31st December → by 7th January
Quarter ending 31st March → by 30th April

C. TDS on Virtual Digital Assets (Crypto)

The Rules retain detailed provisions for TDS on transfer of Virtual Digital Assets (VDAs), including cryptocurrencies. The taxable 'net winnings' formula for online gaming (Rule 135) has also been carried forward, ensuring the government tracks and taxes digital economy earnings at source.

3. Capital Gains — Holding Period and FMV Rules

A. Method of Determining Holding Period (Rule 6)

One of the most common disputes in capital gains taxation is — how long did you hold the asset? Rule 6 brings clarity for specific scenarios:

Shares/debentures received on conversion of bonds: The holding period includes the period for which the original bond was held before conversion.
Assets declared under the Income Declaration Scheme, 2016: For immovable property with a registered deed, the holding period runs from the actual date of acquisition. For all other assets, it begins from 1st June, 2016.
Assets of Indian subsidiary company acquired due to conversion of foreign company's branch: The holding period includes the time the asset was held by the foreign branch (and even by a previous owner if acquired by gift/inheritance).

B. Fair Market Value of Capital Assets (Rules 11, 12 & 53)

Rules 11 and 12 provide detailed formulas for computing fair market value (FMV) of shares and assets of foreign companies holding assets in India — critical for taxing indirect transfers under Section 9(10) of the Act. The income attributable to Indian assets is computed by the formula:

Income Attributable to India = A × (B / C) Where: A = Income from transfer of the share/interest computed as if it were located in India B = FMV of assets located in India on the specified date C = FMV of all assets of the foreign company on the specified date

Rule 53 prescribes the method for computing FMV of unquoted shares, jewellery, archaeological collections, drawings, paintings, sculptures, works of art, etc., for purposes of various capital gains and gift tax provisions.

4. Return of Income Filing — Which ITR Form to Use? (Rule 164)

Rule 164 prescribes which ITR form must be used for returns relating to the tax year commencing 1st April, 2026 (FY 2026-27):

ITR Form	Who Should Use It
ITR-1 (SAHAJ)	Resident individual with salary/pension, income from ≤2 house properties, other sources (no lottery/race horse), or LTCG u/s 198 up to ₹1,25,000. Income must not exceed ₹50 lakh.
ITR-2	Individual or HUF with income NOT from business/profession (e.g., capital gains, multiple house properties, foreign income).
ITR-3	Individual/HUF with income from business or profession (other than presumptive scheme).
ITR-4 (SUGAM)	Individual/HUF/Firm (not LLP) opting for presumptive taxation under Section 58 (income ≤₹50 lakh). Also allows LTCG u/s 198 up to ₹1,25,000.
ITR-5	Partnership firms, LLPs, AOPs, BOIs, and other entities (not company or trust).
ITR-6	Companies (other than those claiming exemption u/s 349).
ITR-7	Persons/companies required to file under Section 349 or Schedule VIII — typically charitable/religious trusts, universities, political parties, etc.
ITR-UN	Updated return under Section 263(6) — available when you wish to correct an earlier filed return by paying additional tax.

Who CANNOT file ITR-1 (SAHAJ)?

The following persons are specifically excluded from filing ITR-1, even if their income is below ₹50 lakh:

Director in any company
Holds unlisted equity shares at any time during the year
Has foreign assets or foreign income
Has signing authority in any foreign bank account
Agricultural income exceeds ₹5,000
Total income exceeds ₹50 lakh
Has income from online gaming on which TDS has been deducted
Claimed deductions under Section 93 (other than family pension deduction)

Mode of Filing

The rules prescribe the manner of filing returns:

Companies: Only electronically, under digital signature.
Persons whose accounts must be audited: Electronically (digital signature or EVC).
All other persons: Electronically (digital signature, EVC, or by submitting ITR-V after electronic filing).
Individuals aged 80 years or more using ITR-1 or ITR-4: May also file in paper form — a special concession for senior citizens.

5. Who is Mandatorily Required to File ITR? (Rule 163)

Even if your income is below the basic exemption limit, you are required to file a return of income if any of the following conditions are met during the tax year:

Deposits of more than ₹1 crore in one or more current bank accounts.
Expenditure exceeding ₹2 lakh on foreign travel (other than to neighbouring countries or notified pilgrimage destinations).
Electricity consumption expenses exceeding ₹1 lakh.
Total sales/turnover/gross receipts in business exceeds ₹60 lakh.
Gross receipts in profession exceed ₹10 lakh.
TDS/TCS credit in the person's account is ₹25,000 or more (₹50,000 for resident senior citizens aged 60+).
Aggregate deposits in savings bank accounts of ₹50 lakh or more during the year.

💡 Practical Tip: Even if you have no taxable income, if your TDS credit is ₹25,000 or more, you must file a return — and doing so is also the only way to claim a refund of that TDS.

6. Permanent Account Number (PAN) Rules (Rules 157–162)

Aadhaar-Based PAN Application

Any person who does not have a PAN but possesses an Aadhaar number can apply for a PAN simply by intimating their Aadhaar number (Rule 158). This makes PAN allotment seamless and paperless for most Indian residents.

When PAN Becomes Inoperative (Rule 162)

A PAN becomes inoperative if it is not linked to Aadhaar within the prescribed time. Consequences of an inoperative PAN include inability to conduct financial transactions and TDS being deducted at higher rates (20% or prescribed rates, whichever is higher).

Transactions Where PAN Must Be Quoted (Rule 159)

PAN quoting is mandatory for a wide range of transactions, including:

Opening a bank account or demat account
Purchase/sale of immovable property exceeding ₹10 lakh
Opening a fixed deposit exceeding ₹50,000 with a bank
Purchase of mutual fund units above ₹50,000
Purchase of foreign exchange above ₹50,000
Cash deposits/withdrawals above ₹50,000 in a bank
Purchase of shares above ₹1 lakh
Purchase of motor vehicle (other than two-wheeler)
Hotel bills above ₹50,000

Persons Exempt from PAN

Non-residents who invest only in specified funds and whose TDS is deducted and remitted by the fund need not obtain a PAN, provided they furnish their Tax Identification Number (TIN) from their country of residence to the fund (Rule 157).

7. House Rent Allowance (HRA) — New Transparency Requirement

While the HRA exemption framework itself is governed by the Act, the new Rules introduce a significant transparency measure: taxpayers claiming HRA exemption must now disclose the following details about their landlord in the ITR/declaration form:

Name of the landlord
Address of the property
PAN of the landlord (if annual rent exceeds ₹1 lakh)
Aadhaar number of the landlord
Relationship with the landlord, if any
Rent paid to the landlord

📌 What This Means for You: If you have a relative as your landlord — parents, spouse, siblings — you now need to disclose this relationship. The department will be able to cross-check whether the landlord is reporting the rental income. Genuine arrangements will hold up; paper arrangements will not.

8. Depreciation on Business Assets (Rule 25)

Rule 25 retains the block-of-assets approach for depreciation on tangible assets (plant & machinery, buildings, furniture, vehicles) and intangible assets (patents, goodwill, know-how, copyrights). Key rates remain consistent with the 1962 Rules. The rule clarifies that for assets used for less than 180 days in the year of acquisition, depreciation is restricted to 50% of the normal rate.

For computers and computer software, the depreciation rate is 40%. For motor vehicles, the rate is 15% (or 30% for vehicles used in hire business). Buildings used for residential purposes attract 5%, while factory buildings attract 10%.

9. Relief for Arrear Salary, Gratuity and Annuities (Rule 73)

When an employee receives salary in arrears or in advance, gratuity, or any lump-sum payment in a year, it can push them into a higher tax bracket unfairly. Rule 73 provides for relief under Section 157 of the Act. The tax payable is computed as if the arrear salary was spread out over the years to which it relates, and only the incremental tax for each year is charged — preventing bracket creep.

This relief is available for salary paid in arrears or in advance, gratuity, superannuation or similar payments, compensation on retrenchment, and pension/family pension received in advance.

10. Exercising or Withdrawing the New Tax Regime Option (Rule 136)

Taxpayers who wish to opt for (or withdraw from) the new tax regime under Sections 199 or 200 of the Act must exercise this option in the return of income filed under Section 263(1) for the relevant tax year. This is consistent with the existing practice.

Person	Section	Option in Return of Income
Manufacturing domestic company (new)	199(3)	ITR-6
Domestic company (general)	200(5)	ITR-6

11. Maintenance of Books of Account (Rule 46)

Every person carrying on business or profession is required to maintain books of account if:

Income from business/profession exceeds ₹2.5 lakh in any of the 3 immediately preceding years, OR
Total sales/turnover/gross receipts exceed ₹25 lakh in any of the 3 preceding years.

For newly established businesses or professions, the threshold applies on an estimated basis for the current year.

Books must typically be retained for 6 years from the end of the relevant tax year (or longer where assessments are pending).

12. Mandatory Digital Payment Modes for Large Businesses (Rule 133)

Every person whose total sales, turnover, or gross receipts in business or profession exceed ₹50 crore in the immediately preceding tax year must mandatorily provide the following digital payment facilities to customers:

Debit Card powered by RuPay
Unified Payments Interface — UPI (BHIM-UPI)
UPI QR Code (BHIM-UPI QR Code)
Tier-III Full KYC Central Bank Digital Currency (CBDC) wallets — including P-CBDC, Wholesale CBDC, and Cross-border CBDC

💡 The inclusion of CBDC wallets as a mandatory payment mode is a forward-looking provision reflecting the Reserve Bank of India's digital rupee initiative. Large businesses must prepare to accept payments in digital rupee.

13. General Anti-Avoidance Rules (GAAR) — Safe Harbours (Rule 128)

The GAAR provisions (Chapter XI of the Act) allow the Income Tax Department to disregard arrangements that are entered into primarily for tax avoidance. Rule 128 carves out important safe harbours where GAAR will NOT apply:

Arrangements where the aggregate tax benefit to all parties does not exceed ₹3 crore in a tax year.
Foreign Institutional Investors (FIIs) who are assessees under the Act, have not claimed treaty benefits, and invest in listed or SEBI-approved unlisted securities.
Non-residents investing through offshore derivative instruments (P-Notes) issued by FIIs.
Income from transfer of investments made before 1st April, 2017 — GAAR does not apply retrospectively to these old investments.

14. Faceless Assessment Procedure (Rule 176)

The faceless assessment system — a flagship reform of recent years — has been codified in detail in Rule 176. Under this procedure:

Cases selected for scrutiny assessment are assigned to an Assessment Unit through an automated allocation system — the taxpayer never knows which city's officer is handling their case.
The National Faceless Assessment Centre (NFAC) serves as the single point of interface between the taxpayer and the assessment unit.
All notices, responses, show-cause notices, and draft assessment orders are exchanged electronically through the NFAC.
If needed, a verification unit or technical unit (for arm's length price, valuation, etc.) is brought in — again, through automated allocation.
The taxpayer gets a draft assessment order with proposed variations and an opportunity to respond before a final order is passed.

📌 Faceless Assessment means no physical meetings between taxpayer and assessing officer. This reduces harassment, bribery, and geographic bias in assessments — and the 2026 Rules fully embed this into the legal framework.

15. Online Gaming — How Net Winnings are Calculated (Rule 135)

Rule 135 provides specific formulas to calculate net taxable winnings from online games — relevant for platforms like fantasy sports, online poker, and card games. The formulas account for deposits (taxable and non-taxable), withdrawals, and account balances:

Net Winnings (Annual) = (A + D) − (B + C) Where: A = Aggregate amount withdrawn from user account during the tax year B = Non-taxable deposits (e.g., prize money credited as play-money) C = Opening balance of user account at start of tax year D = Closing balance at end of tax year Net Winnings on each withdrawal are computed separately using the 'waterfall' method — earlier withdrawals reduce the pool available for subsequent ones.

Bonus money, referral bonuses, and promotional credits that can only be used for play (and not withdrawn) are excluded from the formula. However, once such play-money is recharacterised and becomes withdrawable, it is treated as a taxable deposit at that point.

16. Transfer Pricing — Arm's Length Price and Safe Harbour (Rules 77–101)

A significant portion of the Rules is devoted to transfer pricing — the pricing of transactions between related parties (e.g., parent and subsidiary companies). Key highlights:

Six methods are prescribed for determining the arm's length price: Comparable Uncontrolled Price, Resale Price Method, Cost Plus Method, Profit Split Method, Transactional Net Margin Method, and Other Method.
Safe harbour rules allow eligible assessees to declare a transfer price within prescribed ranges without challenge from the department — reducing litigation.
Advance Pricing Agreements (APAs): Businesses can enter into 5-year agreements with the CBDT fixing the arm's length price methodology in advance, eliminating uncertainty. Roll-back provisions allow the agreed methodology to apply to 4 preceding years too.
Country-by-Country (CbC) Reporting: Indian constituent entities of multinational groups with consolidated revenue above ₹5,500 crore must file detailed CbC reports disclosing their global income, tax paid, employees, and assets on a country-wise basis.

17. Non-Profit Organisations — Registration and Compliance (Rules 181–191)

The 2026 Rules provide a comprehensive common application mechanism for registration of non-profit organisations (NPOs) and charitable trusts under the Act. Key provisions:

All NPOs seeking tax exemption must apply through a common application form specifying the nature and objects of the organisation.
The Commissioner of Income Tax is the prescribed authority for granting approval or registration.
Every registered NPO must file a statement annually detailing income received, application of funds, accumulation of income, and overseas spending.
Where an NPO earns income from commercial activities, the gains from such activities are computed separately under a prescribed formula (Rule 182).
An NPO can accumulate income for up to 5 years for a specified purpose, and must apply to the prescribed authority for any change in purpose (Rule 186).

18. Search and Seizure Operations (Rules 148–152)

Rule 148 lays down the powers of search and seizure under Section 247 of the Act. Authorised officers can:

Enter and search any building, place, vessel, vehicle, or aircraft where they have reason to believe that books, documents, or undisclosed assets are kept.
Break open any lock if the key is not made available.
Search any person found in the premises.
Seize books of account, documents, money, bullion, jewellery, or other valuables found during search.
Place a mark of identification on and make copies of any books/documents.

Rule 150 prescribes the method for valuation of properties and assets seized during search — the fair market value is determined by a Valuation Officer using the prescribed methodology.

19. Dispute Resolution — Appeals and Advance Rulings (Rules 167, 196–200)

Appeals to Joint Commissioner (Appeals) / Commissioner (Appeals)

Appeals against assessment orders must be filed in Form No. 99. The form must be filed electronically — under digital signature or EVC. Paper filing is allowed only if the original return was in paper.

Dispute Resolution Committee (Rule 196–198)

A Dispute Resolution Committee (DRC) constituted by the Central Government can grant immunity from penalty and prosecution in exchange for payment of tax. Eligibility conditions:

Assessed total income does not exceed ₹50 lakh.
Disputed income does not exceed ₹10 lakh.
No search/seizure was involved.

Advance Rulings (Rule 200)

Non-residents and others can apply in advance to the Board for Advance Rulings (BAR) in Form No. 119, seeking a binding ruling on the tax implications of a proposed or existing transaction. This provides certainty before entering major transactions.

20. Crypto-Asset Reporting Framework (Rules 238–241)

In line with global OECD initiatives, India has adopted the Crypto-Asset Reporting Framework (CARF) in the 2026 Rules. Key features:

Reporting Crypto-Asset Service Providers (RCASPs) — including crypto exchanges, brokers, and crypto ATM operators — must collect and report user information to the Income Tax Department annually.
Every exchange must identify its users (name, TIN, address, date of birth), the types of crypto-assets held/traded, and the gross proceeds from transactions.
'Relevant crypto-assets' include those that can be held and transferred in a peer-to-peer manner without requiring a central intermediary, i.e., decentralised cryptocurrencies like Bitcoin and Ethereum.
Specified Electronic Money Products (digital representations of a single fiat currency) are excluded from the CARF reporting requirements.
The annual reporting statement must be furnished in Form No. 166 electronically to the Director General of Income-tax (Systems) by 31st May following the calendar year.

💡 What This Means for Crypto Investors: If you trade crypto on any Indian or foreign exchange, the exchange is now required to report your transactions, holdings, and proceeds to the Indian government. Do not assume crypto is invisible to the tax department — it is not.

21. Significant Economic Presence — Thresholds for Non-Residents (Rule 13)

A non-resident company that operates a digital business targeting Indian customers can be taxed in India if it has a 'Significant Economic Presence' (SEP). Rule 13 prescribes the thresholds:

Aggregate payments from Indian customers exceed ₹2 crore in the tax year, OR
The company has 3 lakh or more users in India during the tax year.

If either threshold is crossed, the non-resident has a SEP in India, and the profits attributable to India are taxable here — even without a physical presence in India.

22. Foreign Tax Credit (Rule 76)

Indian residents who pay taxes in foreign countries on their foreign income can claim credit against their Indian tax liability. Key rules:

Credit is available for the amount of foreign tax paid on income that is also taxable in India.
The credit cannot exceed the Indian tax payable on that income (proportionate method).
A certificate from the foreign tax authority (or self-declaration in certain cases) is required to claim the credit.
Foreign tax credit must be claimed in the return of income and cannot be claimed later through revised return in certain situations.

23. Taxation of Foreign Retirement Benefit Accounts (Rule 74)

Many Indian residents who have worked abroad maintain retirement benefit accounts in other countries (e.g., 401(k) in the USA, pension funds in the UK/Australia). Rule 74 brings welcome relief:

If a specified person (typically an Indian resident who previously worked abroad) maintains a retirement benefit account in a 'notified country,' the interest/earnings accruing in such account are not taxable in India on a year-to-year basis. Tax is deferred to the year of actual withdrawal — consistent with the treatment in the foreign country.

24. Cities Qualifying for Higher HRA Exemption (50%)

The following 8 cities qualify for the higher HRA exemption of 50% of basic salary + DA (as opposed to 40% for other cities):

Mumbai	Delhi (NCR)	Kolkata	Chennai
Bengaluru	Hyderabad	Pune	Ahmedabad

Note: This list of 8 cities is prescribed in the Rules. All other cities attract 40% exemption (or lower if applicable under other provisions).

25. Key Highlights at a Glance

Topic	Key Change / Rule
Effective Date	1st April 2026
Notified By	CBDT vide G.S.R. 198(E) dated 20 March 2026
Under Act	Income-tax Act, 2025 (Section 533)
Total Rules	300+ Rules covering all areas of income-tax
New ITR Forms	ITR-1 to ITR-7 + ITR-UN (updated return)
Perquisite — Accommodation	10%/7.5%/5% of salary based on city size
Perquisite — Car	₹5,000/₹7,000 per month (partly personal use)
TDS Deposit — General	Within 7 days from end of month
TDS Deposit — March	By 30th April
Mandatory ITR — Bank Deposit	Current account deposits > ₹1 crore
Mandatory ITR — TDS Credit	₹25,000+ (₹50,000 for 60+ age residents)
GAAR Safe Harbour	Tax benefit < ₹3 crore — GAAR not invoked
Crypto Reporting	Annual CARF reporting by exchanges to CBDT
SEP Threshold	₹2 crore payments OR 3 lakh users in India
Digital Payments Mandatory	Businesses with turnover > ₹50 crore
HRA Metro Cities	8 cities at 50% — Mumbai, Delhi, Kolkata, Chennai, Bengaluru, Hyderabad, Pune, Ahmedabad
Online Gaming Tax	Net winnings computed under Rule 135 formula
Faceless Assessment	Fully embedded in Rule 176 — no physical AO meetings
Advance Pricing Agreement	5-year APA + 4-year roll-back (Rules 103–119)

Conclusion: What Should You Do Now?

The Income-Tax Rules, 2026 mark the completion of India's most significant tax simplification exercise in decades. The rules come into force on 1st April 2026 — just days away. Here is a quick action checklist:

✅ Link your PAN with Aadhaar if not done — avoid inoperative PAN consequences.
✅ Identify which ITR form applies to you for FY 2026-27 returns.
✅ If you claim HRA from a relative, be ready to disclose the relationship in your ITR.
✅ If you receive a company car or accommodation, verify the perquisite value under the new tables.
✅ Large businesses (turnover > ₹50 crore) — ensure RuPay, UPI, and CBDC payment modes are operational.
✅ Crypto traders — assume full reporting by exchanges to CBDT and maintain proper records.
✅ Online gaming players — keep records of all deposits and withdrawals for the full tax year.
✅ Multinationals — review transfer pricing documentation and consider an APA for certainty.
✅ Non-residents with Indian income — check SEP thresholds to see if you are now taxable in India.

At TaxWink.com, we will continue to publish detailed articles on each of these topics as the implementation begins. Bookmark this page and follow us for the latest updates.

📢 Disclaimer: This article is intended for general informational purposes only. It is based on the Income-Tax Rules, 2026 as notified on 20th March 2026. Tax laws are subject to change. Always consult a qualified Chartered Accountant or tax professional for advice specific to your situation. TaxWink.com does not accept responsibility for any action taken on the basis of this article alone.

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Tags: Income Tax Rules 2026, CBDT, Income Tax Act 2025, ITR Filing, TDS Rules, Capital Gains, Perquisites, Faceless Assessment, GAAR, Crypto Tax India, Transfer Pricing, HRA Exemption, PAN Aadhaar Linking

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Income-Tax Rules, 2026: Everything You Need to Know