CBDT hosts webinar on new Income-tax Act 2025 and global taxation

The Central Board of Direct Taxes (CBDT), in collaboration with PwC India, organized a webinar on June 9, 2026, to discuss the transition to the new Income-tax Act, 2025, and the accompanying Income-tax Rules, 2026. The event, titled "Decoding the new Income-tax Act, 2025 - International Tax and Transfer Pricing Aspects," saw participation from over 1,100 attendees across 16 countries, including the USA, UK, Australia, and Singapore.

Senior officials from the Income Tax Department, including Ms. Monica Bhatia, Principal Chief Commissioner of Income Tax (International Taxation), and representatives from PwC India, addressed the audience. Ms. Bhatia emphasized the collaborative efforts that facilitated a smooth transition to the new framework and highlighted India's growing role in global taxation, particularly in cross-border transfer pricing and international cooperation.

The webinar featured a detailed presentation comparing the Income-tax Act, 1961, with the new Act, 2025, focusing on structural reforms, procedural updates, and newly introduced rules. Key topics included the relevance of Advance Pricing Agreements and the importance of Safe Harbour provisions in simplifying compliance for taxpayers.

Participants actively engaged in an interactive session, raising queries that were addressed by senior officials. The initiative was widely appreciated, with attendees expressing interest in more such knowledge-sharing platforms in the future.

This outreach effort underscores the government's commitment to fostering transparency and dialogue in India's evolving taxation landscape, particularly in the context of international tax and transfer pricing mechanisms.

Source: Press Information Bureau (Govt. of India) press release, 12 JUN 2026. https://www.pib.gov.in/PressReleasePage.aspx?PRID=2271989