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          <h1>Finance Act 2024: Maintaining Income-Tax Rates, Introducing Taxpayer Relief, and Amending Laws Effective April 1, 2024</h1> The Finance Act, 2024, enacted by the Parliament and assented to by the President on February 15, 2024, aims to maintain the current income-tax rates for the financial year 2024-2025. It also introduces certain taxpayer relief measures and amendments to existing laws. The Act is officially titled the Finance Act, 2024. Sections 2 to 10 will be effective from April 1, 2024, while sections 11 to 13 will commence on dates specified by the Central Government through official notifications.

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