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India: Summary of 2025 tax developments

Including enactment of Income-Tax Act, 2025

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January 7, 2026

The KPMG member firm in India prepared a report summarizing the most important tax developments in India during 2025, including reporting the enactment in August 2025 of the Income-Tax Act, 2025, which is set to replace the six-decade-old Income-Tax Act, 1961, effective April 1, 2026. Read TaxNewsFlash

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