Ministry of Finance
Notification No. 141/2025 [F. No. 370142/30/2025-TPL] / G.S.R. 598(E) was published on 1 September 2025. Its subject is Ministry of Finance.
This amends the Income-tax Rules. What it changes is the Rules, not the Act — and a rule can never take away what the section gives.
The Income-tax (Twenty-Fifth Amendment) Rules, 2025 amend rule 2DCA of the Income-tax Rules, 1962, which deals with the computation used for the exemption under clause (23FE) of section 10. In the fourth proviso to sub-rule (2), the fourth proviso to sub-rule (3) and the third proviso to sub-rule (4), the figures "2025-26" are substituted by "2031-32" and the figures "2024-25" by "2030-31". In Explanation 1, the figures "2024" are substituted by "2030" in clauses (d) and (e), and in the proviso to clause (h) the figures "2024-25" are substituted by "2030-31". The effect is to carry the outer years used in rule 2DCA forward by six years.
MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF DIRECT TAXES)
NOTIFICATION
New Delhi, the 1st September, 2025
(INCOME-TAX)
G.S.R. 598(E).— In exercise of the powers conferred by section 295 read with the fourth, fifth and sixth provisos and Explanation 3 to clause (23FE) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962, namely:___
1. (1) These rules may be called the Income-tax (Twenty-Fifth Amendment) Rules, 2025.
(2) They shall come into force from the date of their publication in the Official Gazette.
2. In the Income-tax Rules, 1962, in rule 2DCA,––
(a) in sub-rule (2), in the fourth proviso,–
(i) for the figures "2025-26", the figures "2031-32" shall be substituted;
(ii) for the figures "2024-25", the figures "2030-31" shall be substituted;
(b) in sub-rule (3), in the fourth proviso,–
(i) for the figures "2025-26", the figures "2031-32" shall be substituted;
(ii) for the figures "2024-25", the figures "2030-31" shall be substituted;
(c) in sub-rule (4), in the third proviso, –
(i) for the figures "2025-26", the figures "2031-32" shall be substituted;
(ii) for the figures "2024-25", the figures "2030-31" shall be substituted;
(d) in Explanation 1,–
(i) in clause (d), for the figures "2024", the figures "2030" shall be substituted;
(ii) in clause (e), for the figures "2024", the figures "2030" shall be substituted;
(iii) in the proviso to clause (h), for the figures "2024-25", the figures "2030-31" shall be substituted.
[F. No. 141/2025/F. No. 370142/30/2025-TPL]
ROHIT SINGH, Under Secy., Tax Policy and Legislation
Note: The Income-tax Rules, 1962 were published in the Gazette of India, Extraordinary, Part-II, section 3, sub-section (ii) vide number S.O. 969(E), dated the 26th March, 1962 and were last amended vide notification number G.S.R. 566(E) dated the 21st August, 2025.
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| Rule of the 1962 Rules | Now, in the 2026 Rules |
|---|---|
| Rule 2DCA | rule 283 |
the date of publication in the Official Gazette.
In working out the rule 2DCA thresholds when a notified sovereign wealth fund or pension fund claims exemption under section 10(23FE) in its return of income.
Rules it names. Rule 2DCA of the Income-tax Rules, 1962. The 1962 Rules were replaced by the Income-tax Rules, 2026, which renumbered nearly everything: a rule number quoted here almost never means the same rule today.
← Notification No. 142 /2025 [F. No. 300195/16/2024-ITA-I] /S.O. 4008(E) · Notification No. 01/2025 →
Source: the Income Tax Department’s own published text — its page for this instrument.