**Executive Summary**
On 9 June 2026, the Income Tax Department and PwC India hosted a webinar to facilitate the transition to the new Income-tax Act, 2025, and the Income-tax Rules, 2026. The outreach event focused on international taxation and transfer pricing, targeting global stakeholders to ensure a smooth legislative transition. Key themes included procedural updates, the relevance of Advance Pricing Agreements, and India's evolving role in the global tax ecosystem.
**Key Points / Main Content**
**Legislative and Structural Reforms**
* The webinar detailed the transition from the Income-tax Act, 1961, to the Income-tax Act, 2025.
* Presentations covered structural reforms and a comparative analysis between the 1961 and 2025 Acts.
* Updates were provided on newly introduced rules, forms, and procedural changes effective under the new framework.
**International Taxation and Transfer Pricing**
* The Department emphasized the growing importance of cross-border transfer pricing mechanisms.
* Discussions highlighted India’s expanding role and international cooperation within the global taxation ecosystem.
* The success of Advance Pricing Agreements (APAs) was noted as a critical tool for providing tax certainty.
**Compliance and Certainty**
* Emphasis was placed on Safe Harbour provisions to ensure ease of compliance for taxpayers.
* The session served as a platform for mutual dialogue, allowing over 1,100 participants from 16 overseas jurisdictions to address queries directly with senior tax officials.
**Impact Analysis**
**International Taxpayers and Overseas Stakeholders**
**Impact**
Taxpayers in jurisdictions such as the USA, UK, Australia, and Singapore are affected by the shift to a new legislative framework. They gain greater clarity on procedural updates and mechanisms designed to provide tax certainty.
**Action Required**
Stakeholders must familiarize themselves with the Income-tax Act, 2025, and the new 2026 Rules. They should review updated forms and procedural requirements and consider utilizing Safe Harbour and Advance Pricing Agreements for compliance.
**Income Tax Department**
**Impact**
The Department is tasked with managing the transition to the new Act while maintaining international cooperation and addressing taxpayer queries to prevent disputes.
**Action Required**
Officials must continue outreach initiatives and interactive sessions to ensure stakeholders across various jurisdictions understand the evolving taxation framework and procedural updates.
Key Entities Referenced
Income-tax Act, 2025: A new legislative framework introduced to modernize India's taxation system, specifically addressing international tax and transfer pricing aspects.
Central Board of Direct Taxes (CBDT): The primary regulatory authority under the Ministry of Finance responsible for administering direct tax laws and facilitating the transition to the new Act.
Income-tax Rules, 2026: Procedural rules and updates introduced to complement and provide operational guidelines for the Income-tax Act, 2025.
Income-tax Act, 1961: The existing taxation law referenced for comparative analysis and structural reforms during the transition to the 2025 Act.
Advance Pricing Agreements (APA): A key tax program highlighted for its effectiveness in providing certainty and ease of compliance for cross-border transactions.
Ministry of Finance
CBDT organises outreach webinar on “Decoding
the new Income-tax Act, 2025: International Tax
and Transfer Pricing Aspects”
प्रव तथ: 12 JUN 2026 11:45AM by PIB Delhi
Income Tax Department and PwC India, organised a webinar titled “Decoding the new Income-tax Act,
2025 - International Tax and Transfer Pricing Aspects” on transitioning into the new Income-tax Act,
2025 and new Income-tax Rules, 2026 on 9th June 2026.
The webinar had over 1,100 participants from 16 overseas jurisdictions viz USA, UK, Australia, China,
Singapore, Cyprus, Japan, Mauritius, Qatar, UAE etc and served as an important platform for mutual
dialogue and knowledge sharing on the evolving taxation framework in India.
The Department was represented by Ms. Monica Bhatia, Pr. Chief Commissioner of Income Tax
(International Taxation), Shri Raman Chopra, Chief Commissioner of Income Tax (International Taxation)
and Dr Anjula Jain, Commissioner of Income Tax (International Taxation)-2, New Delhi and PwC India
was represented by senior partners.
Addressing the participants, Ms. Monica Bhatia, highlighted the collective efforts of the Department and
stakeholders which ensured the smooth transition to the new Income-tax Act, 2025. She also elaborated
upon the growing importance of cross-border transfer pricing mechanisms, international cooperation, and
India’s expanding role in the global taxation ecosystem. Further, she spoke about the success and
relevance of Advance Pricing Agreements and emphasized the importance of Safe Harbour provisions in
ensuring certainty and ease of compliance for taxpayers.
A presentation was also made on the key changes, structural reforms, and comparative aspects of the
Income-tax Act, 1961 vis-à-vis the Income-tax Act, 2025, including newly introduced rules, forms and
procedural updates. The participants posed numerous queries during the interactive session, which wereresponded to by the senior officers of the Income Tax Department. The various participants appreciated
the initiative, and expected to have more such engagements with the Department.
****
NB/KMN
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