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of <h1>Union Budget 2025-26 extends tax concessions for IFSC units under sections 80LA, 10, and 47 to March 2030.</h1> The Union Budget 2025-26 proposes extending the sunset dates for various tax concessions related to International Financial Services Centres (IFSC). These include concessions for the commencement of operations of IFSC units and the relocation of funds to IFSC, as outlined in specific clauses of sections 80LA, 10, and 47 of the Finance Bill. The new deadline for these concessions is set for March 31, 2030. These amendments are scheduled to take effect from April 1, 2025.
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