Finance Act, 2024

No: 8 Dated: Feb, 15 2024

 Finance Act, 2024

An Act to continue the existing rates of income-tax for the financial year 2024-2025 and to provide for certain relief to taxpayers and to make amendments in certain enactments.

BE it enacted by Parliament in the Seventy-fifth Year of the Republic of India as follows:—

CHAPTER I

PRELIMINARY

1. (1) This Act may be called the Finance Act, 2024.

(2) Save as otherwise provided in this Act,––

  (a) sections 2 to 10 shall come into force on the 1st day of April, 2024;

  (b) sections 11 to 13 shall come into force on such date as the Central Government may, by notification in the Official Gazette, appoint.