Section 25: Exemption from tax on wealth and income.

The Securities and Exchange Board of India Act, 1992Central Act · Act 15 of 1992

Notwithstanding anything contained in the Wealth-tax Act, 1957 (27 of 1957), the Income-tax Act, 1961 (43 of 1961) or any other enactment for the time being in force relating to tax on wealth, income, profits or gains

(a) the Board;

(b) the existing Securities and Exchange Board from the date of its constitution to the date of establishment of the Board,

shall not be liable to pay wealth-tax, income-tax or any other tax in respect of their wealth, income, profits or gains derived.

Where this provision sits

Act	The Securities and Exchange Board of India Act, 1992
Section	25
Marginal note	Exemption from tax on wealth and income.
Jurisdiction	Central
Status	In force as published by the source

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