New Delhi, March 20 -- Central Board of Direct Taxes Chairman Ravi Agrawal on Friday announced the launch of 'PRARAMBH'--an outreach and facilitation initiative aimed at ensuring a smooth and taxpayer-friendly transition to the new Income Tax Act, 2025, which comes into force from April 1, 2026.

Addressing an event in the presence of Union Finance Minister Nirmala Sitharaman and senior officials, the CBDT Chairman said the initiative, Policy Reform and Responsible Action for Mission Viksit Bharat (PRARAMBH), marks a significant step in India's tax administration journey.

He emphasised that the transition is not just about a new law, but also about ensuring clarity, simplicity and confidence for taxpayers through notified rules, forms an...