{"act":{"id":"finance-act-2026","short_title":"The Finance Act, 2026","long_title":"An Act to give effect to the financial proposals of the Central Government for the financial year 2026-2027.","act_number":"4","act_year":2026,"enact_date":null,"enforcement_date":null,"ministry":"Ministry of Finance","department":"Department of Revenue","jurisdiction":"CENTRAL","unit":"section","section_count":167,"in_force":true,"spent":false,"spent_note":null,"duplicate_of":null,"text_source":"published","scan_url":null,"url":"https://indiacode.ecourtsindia.com/finance-act-2026/"},"unit":"section","section":{"number":"159","heading":"Amendment of Act 23 of 2004","text":"PART II AMENDMENTS TO THE FINANCE (NO. 2) ACT, 2004 Amendment of Act 23 of 2004. 159. In the Finance (No. 2) Act, 2004, in section 98, in the Table, against serial number 4,— (i) | against entry (a) relating to sale of an option in securities, in column (3), for the figures and word \"0.1 per cent.\", the figures and word \"0.15 per cent.\" shall be substituted; (ii) | against entry (b) relating to sale of an option in securities, where option is exercised, in column (3), for the figures and word \"0.125 per cent.\", the figures and word \"0.15 per cent.\" shall be substituted; (iii) | against entry (c) relating to sale of a futures in securities, in column (3), for the figures and word \"0.02 per cent.\", the figures and word \"0.05 per cent.\" shall be substituted.","html":"<p>PART II</p><p>AMENDMENTS TO THE FINANCE (NO. 2) ACT, 2004</p><p><b>Amendment of Act 23 of 2004.</b></p><p><b>159.</b> In the Finance (No. 2) Act, 2004, in section 98, in the Table, against serial number 4,—</p><div class=\"tablewrap\"><table class=\"dtable\"><tr><td>(<i>i</i>)</td><td></td><td>against entry (<i>a</i>) relating to sale of an option in securities, in column (3), for the figures and word \"0.1 per cent.\", the figures and word \"0.15 per cent.\" shall be substituted;</td></tr><tr><td>(<i>ii</i>)</td><td></td><td>against entry (<i>b</i>) relating to sale of an option in securities, where option is exercised, in column (3), for the figures and word \"0.125 per cent.\", the figures and word \"0.15 per cent.\" shall be substituted;</td></tr><tr><td>(<i>iii</i>)</td><td></td><td>against entry (<i>c</i>) relating to sale of a futures in securities, in column (3), for the figures and word \"0.02 per cent.\", the figures and word \"0.05 per cent.\" shall be substituted.</td></tr></table></div>","words":140,"text_source":"published"},"classification":[],"instruments":[],"judgments":[],"corresponds_to":[],"url":"https://indiacode.ecourtsindia.com/finance-act-2026/section/159/","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."}