Income Tax Department

Ministry of Finance, Government of India

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Section 159

Amendment of Act 23 of 2004

Section

Section Number

159

Chapter

CHAPTER VI - MISCELLANEOUS

Act

Finance Acts

Year

2026

Amendment of Act 23 of 2004

PART II

AMENDMENTS TO THE FINANCE (NO. 2) ACT, 2004

Amendment of Act 23 of 2004.

159. In the Finance (No. 2) Act, 2004, in section 98, in the Table, against serial number 4,—

(i)   against entry (a) relating to sale of an option in securities, in column (3), for the figures and word "0.1 per cent.", the figures and word "0.15 per cent." shall be substituted;
(ii)   against entry (b) relating to sale of an option in securities, where option is exercised, in column (3), for the figures and word "0.125 per cent.", the figures and word "0.15 per cent." shall be substituted;
(iii)   against entry (c) relating to sale of a futures in securities, in column (3), for the figures and word "0.02 per cent.", the figures and word "0.05 per cent." shall be substituted.

Footnotes