Quizzeela
0 0

New Income Tax Act 2025 Quiz: 10 Questions with Answers

Written by the Quizzeela team · Reviewed by Utsav Raj
Last checked · 10 questions · Medium

India's new Income-tax Act, 2025 replaced the 1961 law from 1 April 2026. Tax rates did not change, but many names and form numbers did. Test what you know.

New to this topic? Read the guide firstNew Income Tax Act 2025: What Changed From 1 April 2026 Play as a timed quiz and earn coins

1From which date did the Income-tax Act, 2025 come into force?

  1. 1 July 2026
  2. 1 April 2026
  3. 1 April 2025
  4. 1 January 2026
Show answer
Answer: B. 1 April 2026. The new Act came into force on 1 April 2026, at the start of the 2026-27 year.

2Which law did the Income-tax Act, 2025 replace?

  1. The GST Act, 2017
  2. The Income-tax Act, 1961
  3. The Companies Act, 2013
  4. The Banking Regulation Act, 1949
Show answer
Answer: B. The Income-tax Act, 1961. It replaced the Income-tax Act, 1961, which had been amended many times over six decades.

3Under the new Act, which single term replaces "previous year" and "assessment year"?

  1. Fiscal period
  2. Tax year
  3. Income year
  4. Return year
Show answer
Answer: B. Tax year. The new Act uses one "tax year" (1 April to 31 March) instead of the old previous year and assessment year pair.

4Did the new Act change the income tax rates and slabs by itself?

  1. Yes, all rates went up
  2. No, it mainly simplified the law; rates stayed the same
  3. Yes, all rates went down
  4. It removed income tax
Show answer
Answer: B. No, it mainly simplified the law; rates stayed the same. The new Act was mainly a rewrite in simpler language with fewer sections. Rates are set by the Finance Act each Budget.

5Under the new rules, the salary TDS certificate (old Form 16) is renumbered as:

  1. Form 16 stays the same
  2. Form 130
  3. Form 26
  4. Form 100
Show answer
Answer: B. Form 130. Form 16 is renumbered Form 130 under the Income-tax Rules, 2026, from tax year 2026-27.

6Your employer gives you a TDS certificate for salary paid in FY 2025-26. Which form is it most likely to be?

  1. Form 168
  2. Form 130
  3. No certificate is given
  4. Form 16, because that year falls under the old Act
Show answer
Answer: D. Form 16, because that year falls under the old Act. Income earned up to 31 March 2026 is still dealt with under the old Act, so its certificate is the familiar Form 16.

7Form 26AS, the statement of tax credits against your PAN, is now numbered:

  1. Form 130
  2. Form 168
  3. Form 121
  4. Form 26B
Show answer
Answer: B. Form 168. Under the new rules, Form 26AS is renumbered Form 168.

8Forms 15G and 15H (to avoid TDS on interest if your income is below the taxable limit) were merged into:

  1. Form 121
  2. Form 168
  3. Form 145
  4. Form 131
Show answer
Answer: A. Form 121. The two declarations were combined into one form, Form 121.

9The new Act has roughly how many sections, compared with over 800 in the 1961 Act?

  1. Exactly 819
  2. About 100
  3. About 1,500
  4. About 536
Show answer
Answer: D. About 536. The Income-tax Act, 2025 has about 536 sections, against the roughly 819 sections the 1961 Act had grown to.

10Where should you check the latest forms and rules before filing?

  1. A random video
  2. Any WhatsApp forward
  3. Your friend's old return
  4. The official income tax portal, incometax.gov.in
Show answer
Answer: D. The official income tax portal, incometax.gov.in. Forms and due dates are published on the official e-filing portal. Always check there before you file.
Test yourself with the timer

Related quizzes

ITR filing quizTax · 10 questions · Easy PAN and Aadhaar quizTax · 10 questions · Easy Income tax basicsTax · 10 questions · Easy GST basicsTax · 10 questions · Medium Computer awareness quizTech & AI · 10 questions · Medium Types of life insurance quizInsurance · 10 questions · Medium See all quizzes

Sources: Income-tax Act, 2025; Income-tax Rules, 2026; Income Tax Department (incometax.gov.in) and news reports on the new forms. For learning only, not financial, tax or insurance advice. Found a mistake? Use "Report a mistake" in the timed quiz.