New Delhi, March 20 -- The government has notified the Income Tax Rules, 2026, which will come into effect from April 1, 2026. The new rules mark a major overhaul of procedural and compliance systems under direct taxation.

The rules implement provisions of the Income-tax Act, 2025, replacing older procedural systems. It includes updated definitions, compliance structures, and new reporting mechanisms.

Under new rules dividend declaration are tightened. Now companies will have to maintain share registers, hold general meetings and pay dividends only within India. This implies stronger domestic control over dividend distribution.

Income tax rule 2026, has also strengthened stock exchange compliances. Stock exchanges will now be required ...