Suraj's Post

💰 India is replacing its 65-year-old tax law India will move from the Income Tax Act, 1961 to the new Income Tax Act, 2025 starting April 1, 2026. 📌 What’s changing: • Simpler language and structure for easier understanding • Introduction of a single “tax year” concept • Focus on reducing complexity and legal disputes • Better alignment with a digital and transparent system 📊 What’s NOT changing: • Core tax structure remains mostly the same • Tax slabs are largely unchanged 💡 Why this matters: • Easier tax filing for individuals and businesses • Improved compliance over time • Better overall taxpayer experience One of the biggest tax reforms in decades. Simpler system. Same taxes. Better experience.

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• 201.5K Followers
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This post was published on 26th March, 2026 by Suraj on his Instagram handle "@myfintaxofficial (MYFINTAX | Finance & Tax Educator | CA Suraj Soni)". Suraj has total 201.5K followers on Instagram and has a total of 3.0K post. Suraj receives an average engagement rate of 1.29% per post on Instagram. This post has received 2 comments which are lower than the average comments that Suraj gets. Overall the engagement rate for this post was lower than the average for the profile.