New Delhi, March 20 -- The Ministry of Finance, through the Central Board of Direct Taxes (CBDT), has notified the Income-tax Rules, 2026 under the provisions of the Income-tax Act, 2025. The new rules will come into force from April 1, 2026.

The rules set out detailed procedures, definitions, and compliance requirements across multiple areas of taxation, including capital gains, perquisites, stock exchange recognition, and taxation of non-residents.

Recognition Norms for Stock Exchanges

The notification specifies conditions for stock exchanges to qualify as 'recognised stock exchanges'. These include mandatory approval from the Securities and Exchange Board of India (SEBI), maintenance of transaction audit trails for seven years, and ...