**Executive Summary**
This notification, issued by the Central Board of Direct Taxes (CBDT) on June 1, 2026, specifies businesses engaged in infrastructure sub-sectors for the purposes of Schedule V of the Income-tax Act, 2025. It aligns the definition of these businesses with the "Updated Harmonised Master List of Infrastructure sub-sectors" established in September 2025. The provisions come into force immediately from the date of their publication in the Official Gazette.
**Key Points / Main Content**
**Legal Authority and Scope**
* The notification is issued under the powers conferred by Section 11(5) read with Note 5(d)(ii) of Schedule V of the Income-tax Act, 2025.
* It specifically targets businesses listed under Table: Sl. No. 7 of Schedule V of the said Act.
**Specified Infrastructure Businesses**
* Any business engaged in infrastructure sub-sectors as defined in the "Updated Harmonised Master List of Infrastructure sub-sectors" is now specified as a business for the purposes of Schedule V.
* The referenced Master List is based on the Department of Economic Affairs notification F.No.13/1/2025-IPP, dated September 19, 2025.
**Exclusions and Effective Date**
* This specification excludes businesses already specified in Note 5(d)(i) of Schedule V of the Act.
* The notification is effective as of June 1, 2026, the date of its publication in the Official Gazette.
**Impact Analysis**
**Infrastructure Business Entities**
**Impact**
Entities operating within sub-sectors defined in the Updated Harmonised Master List are now formally recognized as businesses for the specific purposes of Schedule V [Table: Sl. No. 7] of the Income-tax Act, 2025.
**Action Required**
Entities must verify if their specific sub-sector is included in the Ministry of Finance notification dated September 19, 2025, to determine their status under the Income-tax Act, 2025.
**Income Tax Authorities**
**Impact**
The Department of Revenue and tax assessors receive a clear, updated framework for identifying eligible infrastructure businesses under the new Income-tax Act.
**Action Required**
Tax authorities must apply these specifications when processing filings or determining compliance requirements for infrastructure-related entities from June 1, 2026, onwards.
Key Entities Referenced
Income-tax Act, 2025: The primary legislation under which the notification is issued to define eligible businesses for tax purposes.
Updated Harmonised Master List of Infrastructure sub-sectors: A reference document used to identify specific infrastructure sub-sectors that qualify as 'business' under the Act.
Central Board of Direct Taxes (CBDT): The regulatory body within the Ministry of Finance responsible for administering direct tax laws and issuing this notification.
Schedule V of the Income-tax Act, 2025: The specific provision of the Act for which the scope of 'business' is being defined or expanded by this notification.
रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99
सी.जी.-डी.एल.-अ.-01062026-273052
CG-DxLx-xEG-I0D1H0x6x2x0 26-273052
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असाधारण
EXTRAORDINARY
भाग II—खण् ड 3—उप-खण्ड (ii)
PART II—Section 3—Sub-section (ii)
प्राजधकार स ेप्रकाजित
PUBLISHED BY AUTHORITY
स.ं 2675] नई दिल्ली, सोमिार, िनू 1, 2026/ज्य ष्े ि 11, 1948
No. 2675] NEW DELHI, MONDAY, JUNE 1, 2026/JYAISTHA 11, 1948
जित्त मत्रं ालय
(रािस्ट्ि जिभाग)
(केंद्रीय प्रत्यक्ष कर बोडड)
अजधसचू ना
नई दिल्ली, 1 िून, 2026
का.आ. 2768(अ).— केंद्र सरकार आयकर अजधजनयम, 2025 (2025 का 30) की अनुसूची V [ताजलका: क्रमाकं
7] के नोट 5(डी)(ii) के साथ पठित धारा 11(5) द्वारा प्रित्त िजियों का प्रयोग करत े हुए, एतद्द्वारा उन व्यिसायों
(उि अनुसूची के नोट 5(डी)(i) म ें जनर्िडष्ट व्यिसायों के अजतठरि) को, िो अिसंरचना उप-क्षत्रे ों की अद्यतन सामंिस्ट्यपूण ड
मास्ट्टर सूची में उजल्लजखत अिसंरचना उप-क्षेत्रों में संलग्न ह,ैं िैसा दक जित्त मंत्रालय, आर्थडक काय ड जिभाग में भारत सरकार
की अजधसूचना संख्या फा.स.ं 13/1/2025-आईपीपी, दिनांक 19 जसतंबर, 2025, भारत के रािपत्र, असाधारण, के भाग I,
खंड 1 में प्रकाजित ह,ै उि अजधजनयम की अनुसूची V [ताजलका: क्रमांक 7] के प्रयोिनों के जलए व्यिसाय के रूप में जनर्िडष्ट
करती ह।ै
2. यह अजधसूचना सरकारी रािपत्र में अपन े प्रकािन की जतजथ से लाग ूहोगी।
[स.ं 70/2026/फा. स.ं 500/जिजिध/एस10(23एफई)/एफटी एडं टीआर-II]
श्यामा सिी, अिर सजचि
3900 GI/2026 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)]
MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF DIRECT TAXES)
NOTIFICATION
New Delhi, the 1st June, 2026
S.O. 2768(E).— In exercise of the powers conferred by section 11(5) read with Note 5(d)(ii) of Schedule V
[Table: Sl. No. 7] of the Income-tax Act, 2025 (30 of 2025), the Central Government hereby specifies the business
(other than the business specified in Note 5(d)(i) of the said Schedule), which is engaged in the infrastructure sub-sectors
mentioned in the Updated Harmonised Master List of Infrastructure sub-sectors, in the notification of the Government
of India in the Ministry of Finance, Department of Economic Affairs number F.No.13/1/2025-IPP, dated the
19th September, 2025, published in Gazette of India, Extraordinary, Part I, Section 1, as a business for the purposes of
Schedule V [Table: Sl. No. 7] of the said Act.
2. This notification shall come into force from the date of its publication in the Official Gazette.
[No. 70/2026/F. No. 500/Misc./S10(23FE)/FT&TR-II]
SYAMA SAJI, Under Secy.
Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064
and Published by the Controller of Publications, Delhi-110054.