India’s tax system is transitioning to the new Income Tax Act, 2025, which will take effect on April 1, 2026, replacing the Income Tax Act of 1961 after over 60 years. The new Act aims at simplifying the language, removing redundant provisions, and reorganising and consolidating existing provisions.

For organisations, this will require:

  • Reworking existing processes and operating models
  • Updating systems and reporting frameworks
  • Revisiting compensation structures and tax positions
  • Coordinating communication across multiple stakeholders

Taxpayers must quickly familiarise themselves with these changes so that they can easily navigate and comply with the new tax framework.

Grant Thornton Bharat is hosting a webinar to share a practical perspective on these changes and what they mean for taxpayers.

Speakers

  • Akhil Chandna
    Partner and Global Peoples Solution Leader
    Akhil Chandna
    Grant Thornton Bharat
  • Riaz Thingna
    Partner, Tax
    Riaz Thingna
    Grant Thornton Bharat
  • Richa Sawhney
    Partner, Tax
    Richa Sawhney
    Grant Thornton Bharat
  • Amit Kedia
    Chartered Accountant, Partner
    Amit Kedia
    Walker Chandiok & Co LLP