**Executive Summary**
The Income Tax Department, Mumbai, conducted an outreach programme on April 21, 2026, to raise awareness about the Income Tax Act, 2025, which became effective on April 1, 2026. The session aimed to educate over 250 stakeholders on the Act’s simplified and rationalised features to reduce compliance costs. The Department committed to holding further sessions across Mumbai over the coming months to clarify tax payment and return filing procedures for the Financial Year 2026-27.
**Key Points / Main Content**
**Features of the Income Tax Act, 2025**
* **Effective Date:** The new Act came into effect on April 1, 2026.
* **Simplified Framework:** The statute is designed to be simplified, rationalised, user-friendly, and contemporary.
* **Compliance Goals:** The Act aims to reduce the cost of compliance for taxpayers through a well-structured framework.
* **Objective:** To help taxpayers and their representatives discharge their obligations more effectively to support nation-building.
**Outreach and Engagement**
* **Nationwide Initiative:** The Navi Mumbai event is part of a broader national effort to create awareness of the new tax laws.
* **Stakeholder Participation:** Attendees included taxpayers, chartered accountants, trade associations, and representatives from various business communities.
* **Expert Guidance:** Senior officials provided presentations and addressed specific queries regarding tax payments and return filing for the 2026-27 Financial Year.
* **Future Roadmap:** The Income Tax Department plans to conduct a series of similar programmes across different parts of Mumbai in the coming months.
**Impact Analysis**
**Taxpayers and Business Communities**
**Impact**
They are now governed by a simplified tax regime intended to make the process of paying taxes and filing returns more user-friendly.
**Action Required**
They must familiarize themselves with the new statute and attend upcoming outreach programmes to understand their roles and responsibilities for Financial Year 2026-27.
**Tax Practitioners and Chartered Accountants**
**Impact**
Professionals are impacted by changes in return filing procedures and the rationalisation of tax laws, requiring a shift in how they advise clients.
**Action Required**
They need to engage with the Department’s presentations and seek clarifications on technical aspects of the new Act to ensure accurate compliance for their clients.
**Income Tax Department**
**Impact**
The Department is responsible for transitioning the public to the new statute and ensuring widespread understanding of the revised rules.
**Action Required**
Officials must continue conducting outreach sessions across Mumbai over the next few months to reach a wider cross-section of society.
Key Entities Referenced
Income Tax Act, 2025: A new, simplified tax legislation effective from April 1, 2026, aimed at reducing compliance costs and rationalizing tax processes for taxpayers.
Income Tax Department, Mumbai: The primary administrative body conducting nationwide outreach initiatives to educate stakeholders about the features and compliance requirements of the new statute.
Dr. Vikram Sahay: Chief Commissioner of Income Tax, Mumbai, who highlighted the Act's benefits for nation-building and its user-friendly structure during the outreach event.
Navi Mumbai: The central location where the outreach programme was conducted for taxpayers, chartered accountants, and business communities.
Ministry of Finance
Income Tax Department, Mumbai, conducts
Outreach Programme on the Income Tax Act,
2025 in Navi Mumbai
The new Income Tax Act, 2025 is simplified, rationalised and
user - friendly, states senior IT officers
Posted On: 21 APR 2026 5:58PM by PIB Mumbai
Mumbai : 21 April 2026
The Income Tax Department, Mumbai conducted an outreach programme in Navi
Mumbai on April 21, 2026, as part of its nationwide initiative to create awareness
about the salient features of the Income Tax Act, 2025, which has come into effect
from April 1, 2026. Over 250 persons from various cross sections of the society -
taxpayers, chartered accountants, trade associations and representative from
various business communities across Navi Mumbai participated in this programme.
Speaking on the occasion, Dr. Vikram Sahay, Chief Commissioner of Income Tax,
Mumbai stated that the new Act would be extremely beneficial for the taxpayers,
reducing the cost of compliance by way of simplification and rationalisation. It is
both contemporaneous and
well-structured which taxpayers and their representatives would find to be useful
and help them in discharging their obligation of paying taxes for nation building.Dr. Maya Maheshwari, Principal Commissioner of Income Tax, Mumbai delivered the
welcome address. A presentation on the new Act was made by Ms. Shilpa Khanikar
and Shri Manas Sahu, ACIT. Also present during the occasion were Shri. E.A. Patil,
Founder Chairman, Navi Mumbai Branch of WIRC of ICAI, Mr. Chirag Shah, Vice
President, CREDAI-BANM and Shri B. Bhanushali, President, GROMA.During the two-hour long session, the participants raised various questions and
sought clarifications on several aspects relating to tax payment and return filing
during Financial Year 2026-27 under the new Income Tax Act which were addressed
by the senior officers of the Income Tax Department. The event received an
encouraging and overwhelming response and appreciation from the various
stakeholders. Over the next few months, the Income Tax Department, Mumbai is
committed to conducting a series of such programmes in various parts of Mumbai to
reach out the taxpayers and their representatives and to make them aware of their
roles and responsibilities under the new statute.
PIB Mumbai | Sriyanka Chatterjee/ Priti Malandkar
Follow us on social media: @PIBMumbai /PIBMumbai /pibmumbai pibmumbai[at]gmail[dot]com /PIBMu
mbai /pibmumbai(Release ID: 2254207) Visitor Counter : 121
Read this release in: Marathi