New Income Tax Rules 2026 likely to be notified in first week of March: CBDT sources

The Income Tax Department is set to release new Income Tax Rules, 2026 and forms in early March. These rules will align with the Income Tax Act, 2025, which begins on April 1, 2026. This move simplifies compliance and updates procedures. Changes to perquisites will benefit all taxpayers. The notification is a crucial step for the new Act's implementation.