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TypeBare Act JurisdictionCentral Government

Finance Act, 2008 Section 1

Charge and main rates for 2008-2009

~1 min read
https://sooperkanoon.com/act/455803

Bare act section · Research

About this section

Finance Act, 2008 Section 1 is part of Finance Act, 2008 - Charge and main rates for 2008-2009. Read the section text below and explore Indian court judgments that cite it.

Research copy - verify against official government publications before filing or court use.

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Section Text

FINANCE ACT, 2008 FINANCE ACT, 2008 18 of 2008 An Act to grant certain duties, to alter other duties, and to amend the law relating to the National Debt and the Public Revenue, and to make further provision in connection with finance. [21st July 2008] PART 1: CHARGES, RATES, ALLOWANCES, RELIEFS ETC:

1) Income tax is charged for the tax year 2008-09.

(2) For that tax year-

(a) the basic rate is 20%, and (b) the higher rate is 40%.

Frequently asked questions

What does Finance Act, 2008 Section 1 provide?

Section Section 1 of the Finance Act, 2008 (Charge and main rates for 2008-2009) is reproduced on this page as part of the Finance Act, 2008. Lawyers and researchers use it to read the statutory wording before checking how courts have applied this section in reported judgments.

How do I find judgments on Finance Act, 2008 Section 1?

Open “Find citing judgments” on this page to search Supreme Court, High Court, and tribunal decisions that reference Finance Act, 2008 Section 1. Advanced act search can narrow results by court, year, or additional act filters.

Is the section text on SooperKanoon official?

SooperKanoon hosts bare act text for research and quick reference. For filings or compliance in Central, confirm the wording against the official state gazette or authorized publication.

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