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India TDS/TCS updates from 1 April 2026
TDS/TCS updates from 1 April 2026
The Government has introduced the Income-tax Act, 2025, which will replace the Income-tax Act, 1961 from 1 April 2026.
One of the most significant changes introduced by the new law is the restructuring of TDS and TCS provisions. Under the earlier Act, Tax Deducted at Source (TDS) provisions were spread across many sections such as 192, 194A, 194C, 194H, 194J, 194Q, etc.
The Income Tax Act 2025 consolidates and reorganizes these provisions, mainly under Section 392 and Section 393, making the withholding tax framework more structured and easier to understand.
New Sections will be applicable from 1 April 2026.
Based on the applicable business TDS sections, the existing rules need to be updated with