Major Amendments proposed in Income Tax Act 1961 by Finance Bill 2025



Quick Summary
The Finance Bill 2025 introduces significant amendments to the Income Tax Act 1961. Key changes include revised individual tax slab rates and increased rebate under the new regime, adjustments to perquisite limits for employees, and allowing two house properties to be treated as self-occupied without conditions. The bill also addresses carry-forward of losses in amalgamation cases, clarifies the tax treatment of certain ULIPs, and extends tax benefits for NPS Vatsalya accounts.

Change in Individual Slab Rate Rebate Under New Regime.[Para - 1(A B), Page- 3] Increase in limit of Salary for calculating Perquisites. [Para - 2(A), Page- 3] Annual Value of House Property. [Para - 3(A), Page- 4] Carry forward of Losses in case of Amalgamation. [Para - 4(B), Page-4] ULIPs
Daily Limit Reached

You have reached your daily limit of 2 Free Articles

Subscribe to CCI PRO for unlimited access

Why Upgrade to CCI PRO?
  • No Ads
  • WhatsApp Community
  • Daily E-Newsletter
  • Unlimited Articles Access
  • Profile Visitors
  • Link Social Profiles
  • Featured Job Posts
  • Pro Badge
  • Expert GST Guidance
  • Unlimited Forum Replies
  • Download Content in PDF
BEST VALUE
2 YEAR PLAN
3,499
(Excl. of GST ₹629)
1 YEAR PLAN
1,999
(Excl. of GST ₹359)

3 MONTHS PLAN
999
(Excl of GST ₹179)
View all CCI PRO benfits

Already a PRO member? Login here for an ad-free experience.




About the Author

CA Practice

Comments :

Related Articles


Loading


Popular Articles





CCI Pro

CCI Articles

submit article


Company
25 August 2026
Senior Accountant

MG Associates

New Delhi

CA Inter

View Details
Company
18 August 2026
CA Semi Qualifies

Goyanka and Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 17 August 2026
CA Article Trainee

ASC Group

Noida

CA Inter

View Details
Company
14 August 2026
Semi Qualified

Goyanka & Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 26 August 2026
CA Article Assistant/CA Drop Out/Accounts Executive

PARV & Co.

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 04 September 2026
Accounts Executive

Hema Yashwanth & Associates

Chennai

B.Com

View Details
Company
ARTICLESHIP 24 August 2026
Article Assistant

M/s.S.G.Salecha & Co.

Mumbai

CA Inter

View Details
Company
11 August 2026
Chartered Accountant

Aviv Global Pvt Ltd

Ahmedabad

CA

View Details