The Income Tax Act, 2025 represents a monumental shift in India's tax landscape. This update aims to consolidate and simplify the complex web of TDS and TCS provisions that have existed since 1961. Our interactive tool above is designed to bridge the gap between the two regimes, ensuring you never miss a compliance deadline.
The new Act reduces statutory complexity, provides clearer definitions for digital assets, and aligns tax rates with the modern economic environment of 2026.
Several sections like 194D and 194M have seen rate adjustments in Finance Bill 2026 to ensure a more equitable tax distribution across sectors.
To avoid last-minute errors in TDS returns, ensure that your accounting software (Tally, SAP, etc.) is configured with the New 2025 Section Codes before the first quarter of FY 2026-27 begins.
Yes, any transaction or assessment pertaining to years prior to April 1, 2026, will still follow the provisions of the 1961 Act. The 2025 Act applies to income generated from FY 2026-27 onwards.
Simply type the payment type (e.g., 'Salary', 'Rent', 'Contract') into the interactive search bar at the top of this page to instantly see the relevant old and new section codes.
Using an incorrect section code can lead to notice from the CPC-TDS department and potential interest/penalty for short deduction. Always verify using our tool before filing.