India: Summary of 2025 tax developments
Including enactment of Income-Tax Act, 2025
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