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IndiaCode Laws
Section125
The Finance Act, 2022

Amendment of Act 2 of 1934

In force Act 6 of 2022 As on 10 Oct 2026

Act 6 of 2022 Ministry Finance

Section 125 of the Finance Act, 2022 deals with amendment of Act 2 of 1934. CHAPTER V MISCELLANEOUS Part I Amendments to the Reserve Bank of India Act , 1934 Amendment of Act 2 of 1934.

CHAPTER V

MISCELLANEOUS

Part I

Amendments to the Reserve Bank of India Act , 1934

Amendment of Act 2 of 1934.

125. In the Reserve Bank of India Act, 1934,—

(a)in section 2, after clause (aiii), the following clause shall be inserted, namely:—
'(aiv)"bank note" means a bank note issued by the Bank, whether in physical or digital form, under section 22;';
(b)after section 22, the following section shall be inserted, namely:--

"22A. Non applicability of certain provisions to digital form of bank notes.— Nothing contained in sections 24, 25, 27, 28 and 39 shall apply to the bank notes issued in digital form by the Bank. ".

Section 125, The Finance Act, 2022 (Act 6 of 2022).

Cross-references

Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.

This section refers to

  1. s. 2 Income-tax
  2. s. 22 Amendment of section 80-IAC
  3. s. 24 Amendment of section 92CA
  4. s. 25 Amendment of section 94
  5. s. 27 Amendment of section 115BBD
  6. s. 28 Insertion of new sections 115BBH and 115BBI
  7. s. 39 Insertion of new section 140B

Questions about Section 125

What does Section 125 of the Finance Act deal with?

Section 125 of the Finance Act is headed "Amendment of Act 2 of 1934". CHAPTER V MISCELLANEOUS Part I Amendments to the Reserve Bank of India Act , 1934 Amendment of Act 2 of 1934.

How do I find court cases under Section 125 of the Finance Act?

In judgments and charge sheets this section is written several ways, and each form finds a different set of orders. These search the full text of every order eCourtsIndia holds, best matches first: Finance Act 2022 125, section 125 Finance Act 2022, section 125 of the Finance Act. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.

What should I read with Section 125 of the Finance Act, and has it changed?

Its own text turns on section 2 (Income-tax), section 22 (Amendment of section 80-IAC), section 24 (Amendment of section 92CA), section 25 (Amendment of section 94), and on 3 further provisions, so none of them can safely be read on its own.

When was the Finance Act enacted?

Finance Act was enacted in 2022 as Act 6 of 2022. India Code records no commencement date for it. It is in force as at the date shown on this page.

Other sections of this Act

Source and method. Compiled from the enactments of Parliament and of the State legislatures as published on India Code, and republished together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957. Structured, cross-referenced and maintained by eCourtsIndia. 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. This page is not a substitute for legal advice.