The Income Tax Department and PwC (PricewaterhouseCoopers) India organised a webinar titled “Decoding the New Income-tax Act, 2025 – International Tax and Transfer Pricing Aspects” on transitioning to the new Income-tax Act, 2025 and new Income-tax Rules, 2026.

 

Addressing the participants, Ms. Monica Bhatia, Principal Chief Commissioner of Income Tax, highlighted the collective efforts of the department and stakeholders, which ensured the smooth transition to the new Income-tax Act, 2025. She also elaborated on the growing importance of cross-border transfer pricing mechanisms, international cooperation, and India’s expanding role in the global taxation ecosystem.

 

The webinar, held recently, had over 1,100 participants from 16 overseas jurisdictions, including the USA, UK, Australia, China, Singapore, Cyprus, Japan, Mauritius, Qatar, and the UAE. It served as an important platform for mutual dialogue and knowledge sharing on the evolving taxation framework in India.