**Executive Summary**
This notification, issued by the Ministry of Finance (Department of Revenue), Central Board of Direct Taxes, effective November 7, 2025, exempts specified income of the "Haryana Building and Other Construction Workers Welfare Board" from income tax under Section 10(46) of the Income-tax Act, 1961. The exemption applies from financial years 2025-26 to 2029-30 (assessment years 2026-27 to 2030-31). The board must file income tax returns as per Section 139(4C) of the Income-tax Act, 1961.
**Key Points / Main Content**
* **Income Tax Exemption:**
* The "Haryana Building and Other Construction Workers Welfare Board," Panchkula is notified for income tax exemption.
* PAN: AAATH6995H
* **Exempted Income:**
* Registration fees and yearly subscriptions from registered construction workers.
* Proceeds of cess collected under the Building and Other Construction Workers Welfare Cess Act, 1996.
* Interest income received on bank deposits.
* **Conditions for Exemption:**
* The Board shall not engage in any commercial activity.
* The nature of activities and specified income shall remain unchanged throughout the financial years.
* The Board shall file income tax returns as per Section 139(4C) of the Income-tax Act, 1961.
* **Applicability Period:**
* Applicable from financial years 2025-26 to 2029-30.
* Relevant to assessment years 2026-27 to 2030-31.
**Impact Analysis**
**Haryana Building and Other Construction Workers Welfare Board, Panchkula**
* **Impact:** Benefits from income tax exemption on specified income.
* **Action Required:** Ensure compliance with the conditions, including refraining from commercial activities and filing income tax returns.
Key Entities Referenced
Income-tax Act, 1961: Section 10(46) of this Act empowers the Central Government to notify certain incomes exempt from tax.
Haryana Building and Other Construction Workers Welfare Board: A board constituted by the Haryana state government, whose income is being notified as exempt from income tax under section 10(46) of the Income-tax Act, 1961.
Building and Other Construction Workers Welfare Cess Act, 1996: Act under which cess is collected, and the proceeds are part of the income exempted for the Haryana Building and Other Construction Workers Welfare Board.
Ministry of Finance: The ministry under which the notification is issued through the Department of Revenue and Central Board of Direct Taxes.
New Delhi: Location where the notification is issued.
रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99
सी.जी.-डी.एल.-अ.-07112025-267460
CG-DxLx-xEG-I0D7H1x1x2x0 25-267460
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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.ं 4905] नई दिल्ली, िुक्रिार, निम्ब र 7, 2025/कार्तकड 16, 1947
No. 4905] NEW DELHI, FRIDAY, NOVEMBER 7, 2025/KARTIKA 16, 1947
जित्त मत्रं ालय
(रािस्ट्ि जिभाग)
(केन्द्रीय प्रत्यक्ष कर बोडड)
अजधसचू ना
नई दिल्ली, 7 निम् बर, 2025
का.आ. 5060(अ).— केन्द्र सरकार, आयकर अजधजनयम, 1961 (1961 का 43) की धारा 10 के खडं (46) द्वारा
प्रित्त िजियों का प्रयोग करते हुए, एतद्द्वारा 'हररयाणा भिन एि ं अन्द्य जनमाडण श्रजमक कल्याण बोडड' पंचकुला
(पैन: AAATH6995H), िोदक हररयाणा राज्य सरकार द्वारा गरित बोड ड ह,ै को होने िाली जनम्नजलजखत जिजनर्िडष्ट आय के
संबंध में उि खंड के प्रयोिनों के जलए अजधसूजचत करती ह,ै अर्ाडत्:-
(क) ‘हररयाणा भिन एिं अन्द्य जनमाडण श्रजमक कल्याण बोडड’ में लाभार्ी के रूप में पंिीकृत जनमाडण श्रजमकों से
एकजत्रत पंिीकरण एि ंिार्षडक अंििान,
(ख) भिन एिं अन्द्य जनमाडण श्रजमक कल्याण अजधजनयम, 1996(1996 का 28) और उसके अधीन जनयमों के
अंतगतड एकजत्रत उपकर की आय, और
(ग) बैंक िमा पर अर्िडत ब्याि
7430 GI/2025 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)]
2. यह अजधसूचना जनम्न ितों के अधीन प्रभािी होगी दक ‘हररयाणा भिन एि ं अन्द्य जनमाडण श्रजमक कल्याण बोडड',
पंचकुला -
(क) दकसी भी िाजणजज्यक गजतजिजध में संलग्न नहीं होगा;
(ख) दक्रयाकलाप और जनर्िष्टड आय की प्रकृजत परू े जित्तीय िषड में अपररिर्तडत रहगे ी; और
(ग) आयकर अजधजनयम, 1961 की धारा 139 की उपधारा (4सी) के खडं (छ) के प्रािधान के अनुसार आयकर
ररटनड िाजखल करेगा।
3. यह अजधसूचना क्रमि: जित्तीय िषड 2025-26 स े 2029-30 के संबंजधत जनधाडरण िषड 2026-27 स े 2030-31 के
जलए लाग ूहोगी।
[अजधसूचना स.ं 158/2025/फा. सं. 300196/38/2025-आईटीए-I]
मीनाक्षी ससंह, उप सजचि
व्याख्यात्मक ज्ञापन
यह प्रमाजणत दकया िाता ह ैदक इस अजधसूचना को पूिडव्यापी प्रभाि िेने स े दकसी भी व्यजि पर प्रजतकूल प्रभाि नहीं
पडेगा।
MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF DIRECT TAXES)
NOTIFICATION
New Delhi, the 7th November, 2025
S.O. 5060(E).— In exercise of the powers conferred by clause (46) of section 10 of the Income-tax Act, 1961
(43 of 1961), the Central Government hereby notifies for the purposes of the said clause, ‘Haryana Building and Other
Construction Workers Welfare Board’, Panchkula, (PAN: AAATH6995H) a Board constituted by the State Government
of Haryana, in respect of the following specified income arising to that Board, namely:-
(a) Registration fees and yearly subscription collected from construction workers registered with the Haryana
Building and Other Construction Workers Welfare Board as beneficiaries.
(b) Proceeds of the cess collected under the Building and Other Construction Workers Welfare Cess Act, 1996
(28 of 1996) and rules thereunder; and
(c) Interest Income received on bank deposits.
2. This notification shall be effective subject to the conditions that ‘Haryana Building and Other Construction
Workers Welfare Board’, Panchkula -
(a) shall not engage in any commercial activity;
(b) activities and the nature of the specified income shall remain unchanged throughout the financial
years; and
(c) shall file return of income in accordance with the provision of clause (g) of sub-section (4C) of section
139 of the Income-tax Act, 1961.
3. This notification shall be applicable from financial years 2025-26 to 2029-30 relevant to assessment years
2026-27 to 2030-31.
[Notification No. 158 /2025/F. No. 300196/38/2025-ITA-I]
MEENAKSHI SINGH, Dy. Secy.
Explanatory Memorandum
It is certified that no person is being adversely affected by giving retrospective effect to this notification.
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.