The Government of Rajasthan, on July 08, 2026, issued the Income Tax (Amendment) Ordinance, 2026, further to amend the Income-tax Act, 2025.
The following has been stated:-
•The Rajasthan Income-tax (Amendment) Ordinance, 2026, has been promulgated and is deemed to have come into force from April 01, 2026.
•The Ordinance amends Schedule IV of the Income-tax Act, 2025 by inserting new entries after Serial No. 13C.
•Newly inserted Serial Nos. 13D and 13E provide tax-related provisions for income and capital gains arising from the transfer of Foreign Government securities and interest on specified international settlement-related funds, subject to prescribed conditions and reporting requirements.
•The amendment also defines key terms, including Foreign Institutional Investor, by referring to the relevant provisions of the Government Securities Act, 2006.
•These changes expand the scope of eligible tax exemptions and provide greater clarity on their applicability.
The detailed notification is given in the document below.
[Notification No.: F.3(3) Law/2/2026]
