CBDT Says New Income Tax Rules and Forms will be ready by year -end for 2026 rollout – CNBC tv18

The new Income Tax Act, 2025, which has just Received Presidential Assent, Has Sparked Debate Over Provisions That Allow Tax Authorities to access digital and social median data of taxpayers milk Seizure operations.

The government, however, have strongly defended the move, calling it an essential tool for tracking undiscLosed income in the digital era.

Ramesh Narain Parbat, Member, Central Board of Direct Taxes (CBDT), Told CNBC-TV18 That the power is not new, but have been made explicit and unambigious in the act.

“Our search and seizure actions are very limited in number and are initiated only when we have credible information on tax evidence. Increasing Assets.

He Clarified that Taxpayer Confidentiality Safeguards Remain Intact – No Authority Can Disclose Information Unless Permited Under the Law. “This is not about mass surveillance

Simpler Law, Greater Transparency

Beyond the Digital Powers Debate, The Government has projection the new income tax act as a landmark reform aimed at making taxation simpler, clear and more predicable.

• Complicated explanations and archaic words have been scrapped.
• Provisions are written in tabular, plain language.
• The goal, parbat said, is that “a common assessese should be able to read and understand the law in his own case.”

“This act will provide more certain to taxpayers and limit future Litigation,” He said.

Litigation and administ preparedness

The cbdt has accepledged concerns about the backlog of pending litigations. Parbat assured that tax administration is “geared up to dispose of cases at the earliest” and expects the class of the new law to reduce disputes.

Rules and forms in final stages

To ensure timely rollout, a committee was formed the same day the bill was introduced in parliament (February 13) to draft new rules and forms.

• The committee has completed most of the work.
• Thousands of public suggestions have been analysed.
• Draft Rules Are Being Vetted by the Tax Policy & Legislation Division Before Being Placed Before Parliament.

Parbat said the government aims to finalize and publish the new rules by the end of 2025, Well before the act’s implementation.

Digital-friend rollout by Feb 2026

With almost all taxpayer services – Return filing, assessments, notices – alredy online, cbdt is also updating it backbone to align with align with the new law. “Our Systems Directorates are working in Parallel with the rules Committee So that by February 1, 2026, when the act takes effect, the entrance digital infrastructure is ready.