{"act":{"id":"finance-act-2016","short_title":"The Finance Act, 2016","long_title":"An Act to give effect to the financial proposals of the Central Government for the financial year 2016-2017.","act_number":null,"act_year":2016,"enact_date":"2016-06-27","enforcement_date":null,"ministry":"Ministry of Finance","department":"Department of Revenue","jurisdiction":"CENTRAL","unit":"section","section_count":276,"in_force":true,"spent":false,"spent_note":null,"duplicate_of":null,"text_source":"published","scan_url":null,"url":"https://indiacode.ecourtsindia.com/finance-act-2016/"},"unit":"section","section":{"number":"1","heading":"Short title and commencement","text":"*FINANCE ACT, 2016 An Act to give effect to the financial proposals of the Central Government for the financial year 2016-2017. BE it enacted by Parliament in the Sixty-seventh Year of the Republic of India as follows:— CHAPTER I PRELIMINARY Short title and commencement. 1. (1) This Act may be called the Finance Act, 2016. (2) Save as otherwise provided in this Act, sections 2 to 115 shall be deemed to have come into force on the 1st day of April, 2016. *RELEVANT EXTRACTS.","html":"<p><b>*FINANCE ACT, 2016</b></p><p><i>An Act to give effect to the financial proposals of the Central Government for the financial year</i> 2016-2017.</p><p><i>BE it enacted by Parliament in the Sixty-seventh Year of the Republic of India as follows:—</i></p><p><i><b>CHAPTER I</b></i></p><p><b>PRELIMINARY</b></p><p><b>Short title and commencement.</b></p><p><b>1.</b> (1) This Act may be called the Finance Act, 2016.</p><p><span class=\"num\">(2)</span> Save as otherwise provided in this Act, sections 2 to 115 shall be deemed to have come into force on the 1st day of April, 2016.</p><p>*<b>RELEVANT EXTRACTS.</b></p>","words":84,"text_source":"published"},"classification":[],"instruments":[],"judgments":[],"corresponds_to":[],"url":"https://indiacode.ecourtsindia.com/finance-act-2016/section/1/","note":null,"source_note":"Harvested from the Income Tax Department's own portal at incometaxindia.gov.in, which publishes the Finance Acts section by section. India Code carries none of them: its Central community holds the Acts that stand as general law, and a Finance Act is an amending and rate-fixing instrument.","judgments_note":"Judgment holdings are the ratio decidendi as extracted from the order by eCourts India, reproduced unaltered. Reported judgments only.","licence":"Published with commentary and other original matter under s.52(1)(q)(ii), Copyright Act 1957."}