Statutory Library
Acts, rules, regulations and all government forms for Indian tax compliance — updated to June 2026.
Income-tax Act, 2025 (NEW — effective FY 2026-27)
New direct-tax code (536 sections, 23 chapters) effective 01.04.2026 and applicable from FY 2026-27. Slabs and principles largely unchanged from 1961 Act.
Effective from: 01 April 2026
Income-tax Act, 1961
Still governs FY 2025-26 and earlier years — assessments, appeals, reassessments and disputes for legacy periods. Keep both Acts handy during transition.
Effective from: 01 April 1961
Income-tax Rules (2025 / 1962)
Procedural and computational rules, prescribed forms, TDS/TCS mechanics, and reports under the respective Acts. Updated continuously via CBDT notifications.
Finance Act (Annual)
Yearly amendments to tax rates, thresholds and provisions — the single most frequently updated reference for practitioners.
Black Money (Undisclosed Foreign Income & Assets) Act, 2015
Taxation and severe penalties on undisclosed foreign income and assets; increasingly relevant for HNI and NRI clients.
Effective from: 01 July 2015
Prohibition of Benami Property Transactions Act, 1988
Governs benami transactions and confiscation; extensively amended in 2016 and increasingly invoked in tax investigations.
Effective from: 19 May 1988
Official Portals — Quick Reference
Always download forms and bare acts from official portals — only the official version is authentic for professional and legal purposes.
The Income-tax Act, 2025 applies from FY 2026-27; the 1961 Act governs earlier years and pending matters.