**Executive Summary**
The Office of the Commissioner of Income Tax (International Taxation & Transfer Pricing), Pune, conducted an outreach programme on May 21, 2026, under the PRARAMBH 2026 initiative. The event aimed to raise awareness regarding significant reforms introduced in the Income-tax Act, 2025, and the Income-tax Rules, 2026. Key focus areas included the simplification of international taxation and transfer pricing provisions to improve compliance and support cross-border transactions.
**Key Points / Main Content**
**Legislative and Regulatory Reforms**
* Implementation of the new Income-tax Act, 2025, and Income-tax Rules, 2026, specifically targeting international taxation and transfer pricing.
* Simplification of existing tax laws to provide greater clarity and transparency for taxpayers.
* Strategic focus on reducing the overall compliance burden for entities involved in cross-border activities.
**Compliance and Documentation Changes**
* Rationalisation and merging of several existing tax forms to streamline reporting.
* Introduction of new forms designed to enhance the ease of compliance.
* Focus on creating a taxpayer-friendly administration through technology-enabled processes.
**Technological Integration**
* Introduction and live demonstration of "Kar Saathi," an AI-enabled chatbot available on the Income Tax Department website to assist stakeholders.
* Emphasis on a technology-driven framework to ensure a more efficient and transparent tax administration.
**Impact Analysis**
**Taxpayers (involved in cross-border transactions)**
**Impact**
Taxpayers will experience a reduced compliance burden due to simplified laws and rationalised forms. The new framework provides greater legal clarity for international operations.
**Action Required**
Taxpayers must align their internal processes with the new provisions of the Income-tax Act, 2025, and ensure they are using the correct merged or newly introduced forms for reporting.
**Chartered Accountants and Tax Professionals**
**Impact**
Professionals are required to navigate a revised regulatory landscape featuring new forms and an AI-enabled support system.
**Action Required**
Professionals need to update their technical knowledge regarding the 2025 Act and 2026 Rules and should utilise tools like the Kar Saathi chatbot for practical guidance on compliance.
**Industry Representatives**
**Impact**
Industries will benefit from a more transparent and technology-enabled tax environment, facilitating easier business operations.
**Action Required**
Industry leaders should ensure their tax departments are aware of the practical aspects of the new compliance framework discussed during the interactive outreach sessions.
Key Entities Referenced
Income-tax Act, 2025: A new legislative framework aimed at simplifying tax laws and providing clarity for taxpayers involved in cross-border transactions.
PRARAMBH 2026: An initiative for Policy Reform and Responsible Action for Mission Viksit Bharat, focusing on international taxation outreach.
Income-tax Rules, 2026: The updated regulatory ruleset introducing rationalized forms and compliance measures for transfer pricing.
Kar Saathi: An AI-enabled chatbot designed to assist taxpayers with compliance on the Income Tax Department website.
Pune: The central location where the outreach programme was conducted for regional stakeholders and professionals.
Ministry of Finance
Income Tax Department Conducts Outreach
Programme on International Taxation and
Transfer Pricing under PRARAMBH 2026 in Pune
Posted On: 21 MAY 2026 12:17PM by PIB Mumbai
Pune, 21th May 2026
The Office of the Commissioner of Income Tax (International Taxation & Transfer
Pricing), Pune, organised an Outreach Programme under PRARAMBH 2026 —
Policy Reform and Responsible Action for Mission Viksit Bharat at Bodhi Tower,
Income Tax Office, Pune, to create awareness regarding the changes introduced
under the Income-tax Act, 2025 and the Income-tax Rules, 2026 in the field of
International Taxation and Transfer Pricing.
The programme was organised under the leadership of Shri Mallikarjun Utture,
Commissioner of Income Tax (IT&TP), Pune, and under the overall guidance of Shri
Mohit Jain, Chief Commissioner of Income Tax (IT&TP). The event saw participation
from chartered accountants, tax professionals, industry representatives, and officers
of the Department.
The sessions highlighted important reforms relating to international taxation and
transfer pricing, including simplification of provisions, merger and rationalisation of
forms, introduction of new forms, and measures aimed at improving ease of
compliance.
Speaking on the occasion, Shri Mallikarjun Utture stated that the new Income-tax
Act, 2025 seeks to simplify tax laws, reduce compliance burden, and provide greater
clarity for taxpayers involved in cross-border transactions. He emphasised that the
reforms support a transparent, technology-enabled, and taxpayer-friendly
administration.
Departmental officers also gave presentations on key changes under the new law,
and a live demonstration of Kar Saathi ,AI-enabled chatbot available on the Income
Tax Department website, was conducted during the programme.
The programme concluded with an interactive session with stakeholders, where
participants discussed practical aspects of the new provisions and compliance
framework under the Income-tax Act, 2025.
***HarshalAkude / DineshYadav
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