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A new income tax notification issued on 18th August 2025 by the Ministry of Finance and Department of Revenue which introduces the Income Tax 22nd Amendment Rules. These amendments inserted two new rules, Rule 3C and Rule 3D, after Rule 3B. Rule 3C Rule 3C addresses the exemption limit for non-
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The new rules, 3C and 3D, introduced on 18th August 2025, provide tax exemptions for non-monetary perquisites and employer-paid overseas medical treatment.
Under Rule 3C, non-monetary perquisites are exempt from tax if the employee's salary is within £4 lakh. Previously, this limit was £50,000.
Non-monetary perquisites include benefits like a company car, domestic help, supply of utilities (gas, electricity, water), education facilities, transport facilities, or free accommodation.
Under Rule 3D, employer-paid overseas medical treatment expenses are exempt if the gross total income does not exceed £8 lakh. The previous limit was £2 lakh.
Yes, RBI approval is mandatory for certain overseas treatments and related expenses to claim the exemption under Rule 3D.
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