IT Act 1961 → 2025 / Schedules to the 1961 Act
Tax rates & regimeWhere the old Schedules went: insurance, provident funds, minerals, articles; recovery procedure moved to Rules
Schedules to the 1961 Act of the old Income-tax Act, 1961 · new Schedules to the 2025 Act under the Income-tax Act, 2025
New reference Schedules I to XVI of the Income-tax Act, 2025
Applies to FY 2025-26 (AY 2026-27) and earlier years.
Applies from tax year 2026-27 (from 1 April 2026).
| 1961 Act | Subject | 2025 Act |
|---|---|---|
| First Schedule | Insurance business | Schedule XIV |
| Second Schedule | Procedure for recovery of tax | Moved to Rules |
| Third Schedule | Distraint by AO/TRO | Moved to Rules |
| Fourth Schedule | Recognised PF and approved funds | Schedule XI |
| Seventh Schedule | Minerals | Schedule XII |
| Eleventh Schedule | List of articles or things | Schedule XIII |
| Twelfth–Fourteenth Schedules | Processed minerals, articles (obsolete) | Redundant |
Source: CBDT mapping of sections, Income-tax Act 1961 to Income-tax Act 2025.
Recovery procedure (old Second and Third Schedules) is no longer in the Act and moves to the Rules; obsolete Twelfth to Fourteenth Schedules are redundant.
The First Schedule of the Income-tax Act, 1961 (Insurance business) corresponds to Schedule XIV of the Income-tax Act, 2025, which applies from 1 April 2026 (tax year 2026-27).
The Second Schedule of the Income-tax Act, 1961 (Procedure for recovery of tax) has no counterpart in the Income-tax Act, 2025; it was moved to the Rules.
The Third Schedule of the Income-tax Act, 1961 (Distraint by AO/TRO) has no counterpart in the Income-tax Act, 2025; it was moved to the Rules.
The Fourth Schedule of the Income-tax Act, 1961 (Recognised PF and approved funds) corresponds to Schedule XI of the Income-tax Act, 2025, which applies from 1 April 2026 (tax year 2026-27).
The Seventh Schedule of the Income-tax Act, 1961 (Minerals) corresponds to Schedule XII of the Income-tax Act, 2025, which applies from 1 April 2026 (tax year 2026-27).
The Eleventh Schedule of the Income-tax Act, 1961 (List of articles or things) corresponds to Schedule XIII of the Income-tax Act, 2025, which applies from 1 April 2026 (tax year 2026-27).
Recovery procedure (old Second and Third Schedules) is no longer in the Act and moves to the Rules; obsolete Twelfth to Fourteenth Schedules are redundant.