Short title and commencement
Section 1 of the Finance Act, 2024 (No. 1) deals with short title and commencement. FINANCE ACT, [NO. 8 OF 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.
FINANCE ACT, 2024
[NO. 8 OF 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
Short title and commencement.
1. (1) This Act may be called the Finance Act, 2024.
(2) Save as otherwise provided in this Act,—
Section 1, The Finance Act, 2024 (No. 1) (Act 8 of 2024).
(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.
Cross-references
Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.
Questions about Section 1
What does Section 1 of the Finance Act, 2024 (No. 1) deal with?
Section 1 of the Finance Act, 2024 (No. 1) is headed "Short title and commencement". FINANCE ACT, [NO. 8 OF 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.
How do I find court cases under Section 1 of the Finance Act, 2024 (No. 1)?
In judgments and charge sheets this section is written several ways, and each form finds a different set of orders. These search the full text of every order eCourtsIndia holds, best matches first: Finance Act, 2024 (No. 1) 1, section 1 Finance Act, 2024 (No. 1), section 1 of the Finance Act, 2024 (No. 1). Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.
What should I read with Section 1 of the Finance Act, 2024 (No. 1), and has it changed?
Its own text turns on section 2 (Income-tax), section 10 (Amendment of section 255), section 11 (Amendment of section 2), section 13 (Insertion of new section 122A), so none of them can safely be read on its own.
When was the Finance Act, 2024 (No. 1) enacted?
Finance Act, 2024 (No. 1) was enacted in 2024 as Act 8 of 2024. India Code records no commencement date for it. It is in force as at the date shown on this page.
Other sections of this Act
- 2. Income-tax10629 words
- 8. Amendment of section 206C298 words
- 12. Substitution of section 20237 words
- 13. Insertion of new section 122A196 words
- 11. Amendment of section 2126 words
- 3. Amendment of section 1094 words
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. 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. This page is not a substitute for legal advice.