#Tax Rules

CBDT has notified the Income-tax Rules, 2026 under the Income-tax Act, 2025, effective from 1 April 2026. The Rules consolidate 500-plus rules of the 1962 framework into 333, refresh perquisite valuations, widen the 50% HRA city list, restate stock exchange and dividend compliance conditions, and — together with the CBDT transition FAQ — establish a "no missing year, no overlap" handover, with FY 2025-26 compliance (returns, audits, appeals, revisions) continuing under the 1961 Act.