Amendment of section 115BAC
Section 25 of the Finance Act, 2025 deals with amendment of section 115BAC. Amendment of section 115BAC. 25. In section 115BAC of the Income-tax Act, in sub-section (1A), with effect from the 1st April, 2026,— (a) | in clause (ii), the words "or after" shall be omitted; The Act was enacted on 16 Aug 2025.
Amendment of section 115BAC.
25. In section 115BAC of the Income-tax Act, in sub-section (1A), with effect from the 1st April, 2026,—
(a) in clause (ii), the words "or after" shall be omitted; (b) after clause (ii), the following clause shall be inserted, namely:— "(iii) for any previous year relevant to the assessment year beginning on or after the 1st April, 2026, shall be computed at the rate of tax given in the following Table, namely:— Table
Section 25, The Finance Act, 2025 (Act 7 of 2025).
Sl. No. Total income Rate of tax (1) (2) (3) 1. Upto Rs. 4,00,000 Nil 2. From Rs. 4,00,001 to Rs. 8,00,000 5 per cent 3. From Rs. 8,00,001 to Rs. 12,00,000 10 per cent 4. From Rs. 12,00,001 to Rs. 16,00,000 15 per cent 5. From Rs. 16,00,001 to Rs. 20,00,000 20 per cent 6. From Rs. 20,00,001 to Rs. 24,00,000 25 per cent 7. Above Rs. 24,00,000 30 per cent".
Cross-references
Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.
This section refers to
Questions about Section 25
What does Section 25 of the Finance Act deal with?
Section 25 of the Finance Act is headed "Amendment of section 115BAC". Amendment of section 115BAC. 25. In section 115BAC of the Income-tax Act, in sub-section (1A), with effect from the 1st April, 2026,— (a) | in clause (ii), the words "or after" shall be omitted;
How do I find court cases under Section 25 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 25, section 25 Finance Act 2025, section 25 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 25 of the Finance Act, and has it changed?
Its own text turns on Income-tax Act 115BAC (Tax on income of individuals, Hindu undivided family and others), so none of them can safely be read on its own.
When was Section 25 of the Finance Act enacted?
Section 25 of the Finance Act, cited as Finance Act 2025 25, 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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