Amendment status not verified — confirm the current text below against the official source.
In section 40 of the Income-tax Act, in clause (b), in sub-clause (v), in item (a), with effect from the 1st day of April, 2025,-- (a) for the letters and figures "Rs. 3,00,000", the letters and figures "Rs. 6,00,000" shall be substituted; (b) for the letters and figures "Rs. 1,50,000", the letters and figures "Rs. 3,00,000" shall be substituted.