An Act to give effect to the financial proposals of the Central Government for the financial year 2024-2025.

Act 8 of 2024 Department Department of Revenue

Administered by. Ministry of Finance, Department of Revenue · Other Acts of 2024

What this Act covers

The Finance Act for 2024. Its First Schedule carries the rates of income-tax for the year; the rest amends the Income-tax Act and the other fiscal statutes. The rate of tax for a year is fixed here and not in the Income-tax Act.

Sections

Type to filter. 13 sections.

1. 1Short title and commencement
2. 2Income-tax
3. 3Amendment of section 10
4. 4Amendment of section 80-IAC
5. 5Amendment of section 80LA
6. 6Amendment of section 92CA
7. 7Amendment of section 144C
8. 8Amendment of section 206C
9. 9Amendment of section 253
10. 10Amendment of section 255
11. 11Amendment of section 2
12. 12Substitution of section 20
13. 13Insertion of new section 122A

Related Acts

• The Finance Act, 2024 (No. 2)174 sections
• The Income-tax Act, 2025535 sections
• The Finance Act, 2023181 sections
• The Finance Act, 2025153 sections
• The Health Security Se National Security Cess Act, 202539 sections
• The Income-tax Rules, 2026332 sections
• The Finance Act, 2026167 sections
• The Finance Act, 2022134 sections

Provenance. 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.

Source and method. Compiled from the enactments of Parliament and of the State legislatures as published on India Code, and republished together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957. Structured, cross-referenced and maintained by eCourtsIndia. Every one of the 13 sections of this Act has its own page. This page is not a substitute for legal advice.