Amendment of section 115AD
Section 24 of the Finance Act, 2025 deals with amendment of section 115AD. Amendment of section 115AD. 24. In section 115AD of the Income-tax Act, in sub-section (1), in clause (iii), in the long line, for the words "ten per cent.", the words "twelve and one-half per cent." shall be substituted with effect from the 1st April, 2026. The Act was enacted on 16 Aug 2025.
Amendment of section 115AD.
24. In section 115AD of the Income-tax Act, in sub-section (1), in clause (iii), in the long line, for the words "ten per cent.", the words "twelve and one-half per cent." shall be substituted with effect from the 1st April, 2026.
Section 24, The Finance Act, 2025 (Act 7 of 2025).
Cross-references
Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.
Questions about Section 24
What does Section 24 of the Finance Act deal with?
Section 24 of the Finance Act is headed "Amendment of section 115AD". Amendment of section 115AD. 24. In section 115AD of the Income-tax Act, in sub-section (1), in clause (iii), in the long line, for the words "ten per cent.", the words "twelve and one-half per cent." shall be substituted with effect from the 1st April, 2026.
How do I find court cases under Section 24 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 2025 24, section 24 Finance Act 2025, section 24 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 24 of the Finance Act, and has it changed?
Its own text turns on Income-tax Act 115AD (Tax on income of Foreign Institutional Investors from securities or capital gains arising from their transfer), so none of them can safely be read on its own.
When was Section 24 of the Finance Act enacted?
Section 24 of the Finance Act, cited as Finance Act 2025 24, was enacted on 16 Aug 2025 as Act 7 of 2025. It is in force as at the date shown on this page.
Other sections of this Act
- First Schedule. First Schedule10059 words
- 2. Income-tax8952 words
- Third Schedule. Third Schedule8533 words
- 146. Amendment of Act 28 of 2016957 words
- 50. Amendment of section 158BB868 words
- 6. Amendment of section 10825 words
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