Finance Act 2025–2026 Schedule
| Nature of Transaction / Statutory Section | Active Filer | Late Filer | Non-Filer |
|---|---|---|---|
|
Purchase of Immovable Property (Sec 236K)
Advance tax on purchase or allotment of immovable property
|
3% | 7% | 10.5% |
|
Sale / Transfer of Property (Sec 236C)
Advance tax on sale or transfer of immovable property
|
3% | 4.5% | 6% |
|
Banking Cash Withdrawals (Sec 231AB)
Cash withdrawal aggregate exceeding Rs. 50,000 in a day
|
0% (Exempt) | 0% (Exempt) | 0.80% |
|
International Debit/Credit Card Spend (Sec 236Y)
Foreign currency remittance via banking cards / online spend
|
5% | 7.5% | 10% |
|
Bank Saving Account Profit / Markup (Sec 151)
Yield / profit on debt from commercial banks and saving schemes
|
15% | 22.5% | 30% |
|
Tax on Specified Services (Sec 153)
Transport, freight forwarding, security, IT services
|
3% | 4.5% | 6% |
|
Tax on General Services (Sec 153)
Consultancy, professional services, contracts
|
7% | 10.5% | 14% |
|
Rental Income Withholding (Sec 155)
Withholding on gross rent of immovable property
|
5 – 15% | 7.5 – 15% | 10 – 15% |
|
Prize Bonds Winnings (Sec 156)
Tax deduction on prize bond draws and raffles
|
15% | 22.5% | 30% |
|
Motor Vehicle Leasing (Sec 231B)
Financial leasing or purchase financing by financial institutions
|
0% | 6% | 12% |
|
Purchase / Registration of Motor Vehicle (1000cc)
Advance tax collected at the time of vehicle registration
|
Rs. 10,000 | Rs. 20,000 | Rs. 30,000 |
|
Tax on Commission & Brokerage (Sec 233)
Brokerage, indenting, insurance agents and advertising agents
|
12% | 18% | 24% |
|
Commercial Electricity Bill > Rs. 25,000 (Sec 235)
Advance tax levied on commercial power connections
|
0% | 3.75% | 7.5% |
|
Sales to Retailers (Sec 236H)
Advance tax on wholesale supply to unregistered retailers
|
0.5% | 0.5% | 2.5% |