# The Finance Act, 2026, Section 125: Amendment of Schedule VI

- Act: The Finance Act, 2026 (Act 4 of 2026)
- Ministry: Ministry of Finance
- Source URL: https://indiacode.ecourtsindia.com/finance-act-2026/section/125/

## Text

Amendment of Schedule VI. 125. In Schedule VI to the Income-tax Act, in the Table, in Note 1, in clause (g),— (a) | for the long line, the following item shall be substituted, namely:— "(C) of which all the units other than the unit held by a sponsor or manager are held by non-residents except,— (I) | where such non-resident becomes resident under section 6(2) or (3) or (4) or (5) or (6) or (7) in any tax year subsequent to that tax year; and (II) | the number of units held by such resident unit holder or holders do not exceed 5% of the total units issued and shall fulfil such other conditions as may be prescribed; or"; (b) | in sub-clause (ii), in item (A), for the figures "2025", the figures "2030" shall be substituted.

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