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Case law › Finance Acts
31 Acts

The Finance Acts behind these rates

A page for every Finance Act whose text was read for this collection: what each charged, and the department’s own records for it.

What a Finance Act does

The Income-tax Act says what is taxable. It does not say at what rate. The rate is set year by year by the Finance Act: its section 2 charges the tax for a named assessment year and points at a Part of the First Schedule, and that Schedule carries the tables. A Finance Act also amends the Income-tax Act, which is how a single Act can both set a slab and insert a new section.

Every Act in this collection

The Finance Act 2026

One Act in this list does more than set rates for the reader of this library. The Finance Act 2026 inserted three sections into the Income-tax Act 1961 — section 147A, section 292BA, section 292BC — each retrospectively and each expressed to operate notwithstanding any judgment. They are set out with the enacting words on the Finance Act 2026 page.

What this page is, and what it is not

The figures are the Finance Act’s own. Every rate, threshold and exemption on this page was taken out of the Income Tax Department’s own text of the Act that charged the year — the charging section and the First Schedule — and the records we read are linked under Sources on each year’s page. The writing around the figures is ours: the arrangement, the headings, the comparison with the year before and every sentence of explanation. Those are not the Act.
These tables are for orientation. The Act governs. A rate table is a finding aid, not the law. The Act, its First Schedule and the provisos in it decide what is payable, and a table cannot carry the provisos. If you are about to rely on a figure here — in a return, in a computation, in a reply to a notice — open the source linked on the year’s page and read the figure in the Act for yourself. Where a record did not reach a rate, this library says so rather than filling the gap.