{"act":{"id":"finance-act-2025","short_title":"The Finance Act, 2025","long_title":"An Act to give effect to the financial proposals of the Central Government for the financial year 2025-2026.","act_number":"7","act_year":2025,"enact_date":"2025-08-16","enforcement_date":null,"ministry":"Ministry of Finance","department":"Department of Revenue","jurisdiction":"CENTRAL","unit":"section","section_count":153,"in_force":true,"spent":false,"spent_note":null,"duplicate_of":null,"text_source":"published","scan_url":null,"url":"https://indiacode.ecourtsindia.com/finance-act-2025/"},"unit":"section","section":{"number":"136","heading":"Amendment of Act 58 of 2002","text":"CHAPTER V MISCELLANEOUS PART I AMENDMENT TO THE UNIT TRUST OF INDIA (TRANSFER OF UNDERTAKING AND REPEAL) ACT, 2002 Amendment of Act 58 of 2002. 136.  In the Unit Trust of India (Transfer of Undertaking and Repeal) Act, 2002, in section 13, in sub-section (1), for the figures \"2025\", the figures \"2027\" shall be substituted. PART II AMENDMENTS TO THE GOVERNMENT SECURITIES ACT, 2006 Whereas it is expedient to amend the law relating to Government securities and its management by the Reserve Bank of India; And whereas the subject matter of \"Public debt of the State\" falls within the ambit of State List of the Seventh Schedule to the Constitution; And whereas in pursuance of clause (1) of article 252 of the Constitution, resolutions have been passed by the Houses of the Legislatures of the States of Andhra Pradesh, Chhattisgarh, Haryana, Nagaland, Punjab, Uttarakhand, Uttar Pradesh and West Bengal that the subject matter aforesaid should be regulated in those States by Parliament by law.","html":"<p>CHAPTER V</p><p><b>MISCELLANEOUS</b></p><p>PART I</p><p>AMENDMENT TO THE UNIT TRUST OF INDIA (TRANSFER OF UNDERTAKING AND REPEAL) ACT, 2002</p><p><b>Amendment of Act 58 of 2002.</b></p><p><b>136. </b> In the Unit Trust of India (Transfer of Undertaking and Repeal) Act, 2002, in section 13, in sub-section (1), for the figures \"2025\", the figures \"2027\" shall be substituted.</p><p>PART II</p><p>AMENDMENTS TO THE GOVERNMENT SECURITIES ACT, 2006</p><p>Whereas it is expedient to amend the law relating to Government securities and its management by the Reserve Bank of India;</p><p>And whereas the subject matter of \"Public debt of the State\" falls within the ambit of State List of the Seventh Schedule to the Constitution;</p><p>And whereas in pursuance of clause (<i>1</i>) of article 252 of the Constitution, resolutions have been passed by the Houses of the Legislatures of the States of Andhra Pradesh, Chhattisgarh, Haryana, Nagaland, Punjab, Uttarakhand, Uttar Pradesh and West Bengal that the subject matter aforesaid should be regulated in those States by Parliament by law.</p>","words":164,"text_source":"published"},"classification":[],"instruments":[],"judgments":[],"corresponds_to":[],"url":"https://indiacode.ecourtsindia.com/finance-act-2025/section/136/","note":null,"source_note":"Harvested from the Income Tax Department's own portal at incometaxindia.gov.in, which publishes the Finance Acts section by section. India Code carries none of them: its Central community holds the Acts that stand as general law, and a Finance Act is an amending and rate-fixing instrument.","judgments_note":"Judgment holdings are the ratio decidendi as extracted from the order by eCourts India, reproduced unaltered. Reported judgments only.","licence":"Published with commentary and other original matter under s.52(1)(q)(ii), Copyright Act 1957."}