eCourtsIndia
IndiaCode Laws
Section25
The Securities and Exchange Board of India Act, 1992

Exemption from tax on wealth and income

In force From 30 Jan 1992 Act 15 of 1992 As on 18 Oct 2026

Act 15 of 1992 Ministry Finance Enacted 04 Apr 1992 In force 30 Jan 1992 Instruments 6

Section 25 of the Securities and Exchange Board of India Act, 1992 deals with exemption from tax on wealth and income. Notwithstanding anything contained in the Wealth-tax Act, 1957 (27 of 1957), the Income-tax Act, 1961 (43 of 1961) or any other enactment for the time being in force relating to tax on wealth, income, profits or gains (a) the Board; The Act came into force on 30 Jan 1992.

Notwithstanding anything contained in the Wealth-tax Act, 1957 (27 of 1957), the Income-tax Act, 1961 (43 of 1961) or any other enactment for the time being in force relating to tax on wealth, income, profits or gains

(a) the Board;

(b) the existing Securities and Exchange Board from the date of its constitution to the date of establishment of the Board,

shall not be liable to pay wealth-tax, income-tax or any other tax in respect of their wealth, income, profits or gains derived.

Section 25, The Securities and Exchange Board of India Act, 1992 (Act 15 of 1992).

Made under this section, and citing it

3 instruments state that it was made under this provision — the power to make it comes from here, so a change to any of them changes what this section requires in practice. Newest first.

Another 3 instruments name this provision in its title or its text without being made under it.

All subordinate legislation

Questions about Section 25

What does Section 25 of the Securities and Exchange Board of India Act deal with?

Section 25 of the Securities and Exchange Board of India Act is headed "Exemption from tax on wealth and income". Notwithstanding anything contained in the Wealth-tax Act, 1957 (27 of 1957), the Income-tax Act, 1961 (43 of 1961) or any other enactment for the time being in force relating to tax on wealth, income, profits or gains (a) the Board;

How do I find court cases under Section 25 of the Securities and Exchange Board of India 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: Sebi Act 25, section 25 Sebi Act, section 25 of the Securities and Exchange Board of India 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 Securities and Exchange Board of India Act, and has it changed?

The rules and notifications made under it are where it actually bites, and there are 3: most recently the Securities and Exchange Board of India (Foreign Portfolio Investors) Regulations, 2019 (2019), then SEBI (Settlement Proceedings) Regulations, 2018 (2018), and 1 more.

When did Section 25 of the Securities and Exchange Board of India Act come into force?

Section 25 of the Securities and Exchange Board of India Act, cited as Sebi Act 25, came into force on 30 Jan 1992, having been enacted on 04 Apr 1992. 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. Text as in force on 18 Oct 2026. This page is not a substitute for legal advice.