Mumbai :  20 May 2026

The Income-tax Department conducted an Outreach Programme at IBJA House, Mumbai on May 19, 2026 to create awareness about the provisions of the New Income-tax Act, 2025 and the Income-tax Rules, 2026.

The programme was chaired by Principal Commissioner of Income Tax - 5, Mumbai, Monica Khare. The programme witnessed active participation from taxpayers of the bullion and jewellery sector, along with representatives of industry bodies including India Bullion and Jewellers Association Ltd. (IBJA), Mumbai Wholesale Gold Jewellers Association and Shree Mumbadevi Dagina Bazar Association. Secretary of IBJA, CA Surendra Mehta, also shared his valuable insights during the programme.

Senior officers of the Department briefed participants on the simplified language, streamlined structure, and key features of the New Income-tax Act, 2025 and the Income-tax Rules, 2026. Stakeholders were also informed about the various educational and reference materials made available by the Department to facilitate better understanding and compliance.

The Department reaffirmed its commitment to ensuring a smooth and seamless transition to the new tax regime through continuous stakeholder engagement and taxpayer outreach initiatives.

 

PIB Mumbai | Nitin Fulluke / Priti Malandkar

 

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