The New Capital Gains Framework Under Income-tax Rules, 2026

Introduction : A new tax era has begun which came into force from April 1, 2026, notified by CBDT making the most significant overhaul of direct tax in over six decades. A lot of changes have been introduced and many are kept the same just by changing sections. The new Act emerged as a restructured statute built around a single, simplified idea “Tax year” in place earlier confusing Introduction terms Like “previous Year” and assessment Year” that have been in the system for a long time. The...