Income Tax
The Income-tax (22nd Amendment) Rules, 2025, effective 18th August 2025, revise limits under section 17(2). The salary threshold for “specified employee” per non-monetary perquisites rises from ₹50,000 to ₹4,00,000 (Rule 3C), and the gross total income limit for overseas medical exemption increases from ₹2,00,000 to ₹8,00,000 (Rule 3D), providing relief to lower and middle-income employees.
(Notification No.133/2025, dated 18.08.2025)
