Tax Due Diligence in M&A Under the New Law: What Buyers Should Reassess

Introduction : India’s tax and corporate law landscape has seen significant change in the past eighteen months. The Income-tax Act, 2025 was passed by the Parliament in August 2025 and came into force on 1 April 2026, replacing the Income-tax Act, 1961 after more than six decades. At the same time, the fast-track merger route was expanded by the Ministry of Corporate Affairs, and India’s four new labour codes came into force. None of these changes occurred in a vacuum, and for a practitioner,...