Commencement of tax amendments: staged coming into force with one section effective earlier and others later. Amendment of multiple fiscal statutes by parliamentary enactment to modify the law governing direct taxes and related levies, affecting the Income tax Act, Wealth tax Act, Gift tax Act, Companies (Profits) Surtax Act, Compulsory Deposit Scheme Act and the Interest tax Act; the Act provides a short title and a staged commencement scheme under which one section comes into force earlier and the remaining provisions on a later specified date.