Home India Ministry of Finance Principal Chief Commissioner of Income Tax, Pune to Host Meg...
Date: 2026-05-12 Category: Press Release State: Union Government Country: India

Principal Chief Commissioner of Income Tax, Pune to Host Mega Event under “PRARAMBH 2026” on Income-tax Act, 2025

Issued by Ministry of Finance · Not Applicable

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Executive Summary & Key Takeaways

**Executive Summary** The Principal Chief Commissioner of Income Tax, Pune, will host a “PRARAMBH 2026” mega event on 15th May 2026 to educate stakeholders on the Income-tax Act, 2025, which came into effect on 1st April 2026. This outreach initiative, part of a nationwide campaign launched in March 2026, aims to simplify tax understanding and promote voluntary compliance. The event will take place at 10:30 AM at the Cosmos Tower Auditorium in Pune, featuring key administrative and legislative figures. **Key Points / Main Content** * **Legislative Rationalization** * The new Act significantly reduces the number of sections from 819 to 536 and chapters from 47 to 23. * Income Tax Rules have been streamlined from 511 to 333. * The total number of official forms has been reduced from 399 to 190. * **Simplification and Accessibility** * The legislation is designed for "easy understanding by the common man" using straightforward language and a restructured layout. * The reform aims to reduce legal complexity, minimize litigation, and enhance the ease of doing business in India. * The framework shifts toward a taxpayer-centric administration characterized by transparency. * **Digital and Interactive Support Tools** * **Kar Saathi:** An AI-enabled chatbot introduced to provide automated assistance to taxpayers. * **Kar Setu:** A comprehensive reference guide developed to help stakeholders navigate the new law. * **Samvaad:** A series of stakeholder interaction sessions designed to ensure a smooth transition and informed compliance. **Impact Analysis** **Taxpayers and the General Public** **Impact** They benefit from a less complex tax system that is easier to read and understand. The reduction in forms and rules simplifies the filing process and promotes voluntary compliance. **Action Required** Taxpayers should utilize the "Kar Saathi" chatbot and "Kar Setu" guide to familiarize themselves with the new provisions that became effective on 1st April 2026. **Professional Bodies (Chartered Accountants and Legal Professionals)** **Impact** These stakeholders must adapt to a significantly rationalized direct tax framework. The reduction in sections and chapters requires a shift in how they interpret and apply tax law. **Action Required** Professionals are encouraged to attend the "PRARAMBH 2026" event and participate in "Samvaad" sessions to discuss practical implications and implementation strategies. **Industry Bodies** **Impact** The reform is intended to enhance the ease of doing business by reducing the administrative burden and potential for litigation. **Action Required** Industry representatives should engage with the Income Tax Department's outreach programs to ensure their member organizations are well-informed and prepared for the transition.

Key Entities Referenced

Income-tax Act, 2025: A significant reform in India’s direct tax framework designed to simplify laws, reduce litigation, and enhance the ease of doing business through rationalized sections and rules. PRARAMBH 2026: A nationwide outreach campaign (Policy Reform and Responsible Action for Mission Viksit Bharat) aimed at educating taxpayers and stakeholders on the new tax legislation. Mission Viksit Bharat: The national mission for a developed India which serves as the overarching policy framework for the direct tax reforms and outreach initiatives. Kar Saathi: An AI-enabled chatbot introduced by the Income Tax Department to provide interactive support and guidance to taxpayers regarding the new law. Kar Setu: A comprehensive reference guide launched to assist stakeholders in understanding the structure and key features of the simplified tax system.
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Ministry of Finance Principal Chief Commissioner of Income Tax, Pune to Host Mega Event under “PRARAMBH 2026” on Income-tax Act, 2025 New Income-tax Act, 2025 Designed for Easy Understanding by the Common Man - Shri Vivek Wadekar, Pr-CCIT, Pune Posted On: 12 MAY 2026 3:09PM by PIB Mumbai Pune, 12 May 2026 The Principal Chief Commissioner of Income Tax, Pune (Pr-CCIT, Pune) will organize a Mega Event under “PRARAMBH 2026” — Policy Reform and Responsible Action for Mission Viksit Bharat — focusing on the Income-tax Act, 2025. Scheduled for 15th May 2026 in Pune, the event is part of a nationwide outreach campaign launched by the Union Finance Minister on 20th March 2026. This initiative is aimed at educating and engaging taxpayers, stakeholders, and the general public on the provisions and implications of the Income-tax Act, 2025, which came into effect on 1st April 2026. This information was shared during a press conference organized today by Shri Vivek Wadekar, Principal Chief Commissioner of Income Tax, at Aaykar Bhavan, Pune.Shri Wadekar stated that the Mega Event is being organized to create awareness and facilitate stakeholder engagement regarding the provisions, structure, and key features of the new law. Hon’ble Member of Parliament Dr. Medha Kulkarni has consented to be the Chief Guest, while Ms. Lila Poonawalla and Shri Pradeep Bhargava will grace the occasion as Guests of Honour. Senior officers of the Income Tax Department and distinguished representatives from various professional, academic, and industry bodies will also participate. The event will be conducted on Friday, 15th May, at 10.30 AM at the Auditorium, 2nd Floor, Cosmos Tower, Plot No. 6, ICS Colony, University Road, Ganeshkhind, Shivajinagar, Pune – 411007. Discussing the new income tax law, Shri Wadekar noted that the legislation represents a significant reform in India’s direct tax framework. It aims to simplify tax laws, reduce complexity, promote voluntary compliance, minimize litigation, and enhance the ease of doing business. The Act substantially rationalizes the earlierlaw by reducing the number of sections from 819 to 536 and chapters from 47 to 23. Similarly, the Income Tax Rules have been reduced from 511 rules with 399 forms to 333 rules with 190 forms. Shri Wadekar also emphasized that the Income-tax Act, 2025 has significantly simplified the tax system to the point where a common person can understand its provisions by reading it carefully and peacefully. This accessibility is a result of the restructured layout and the use of clearer, more straightforward language, moving away from the dense complexity of previous legislation. The program will bring together legal professionals, chartered accountants, and representatives from industry bodies to discuss the practical implications of the new law and the broader vision of a taxpayer-centric administration. This outreach reflects the Department’s commitment to transparency and smooth implementation. To support taxpayers, the Department has introduced the AI-enabled chatbot “Kar Saathi,” the comprehensive reference guide “Kar Setu,” and stakeholder interaction sessions under “Samvaad.” These initiatives ensure that all stakeholders are well- informed and prepared for a smooth transition, thereby supporting informed compliance and the effective implementation of the Income-tax Act, 2025. PIB Pune | Harshal Akude/ Priti Malandkar Follow us on social media: @PIBMumbai /PIBMumbai /pibmumbai pibmumbai[at]gmail[dot]co m (Release ID: 2260227) Visitor Counter : 99 Read this release in: Marathi

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