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Section 1 - Short title and commencement - Finance Act, 1996Extract MINISTRY OF LAW, JUSTICE AND COMPANY AFFAIRS (Legislative Department) New Delhi, the 27th March, 1996/Chaitra 7, 1918 (Saka) The following Act of Parliament received the assent of the President on the 27th March, 1996, and is hereby published for general information: FINANCE ACT, 1996 No. 5 of 1996 [27th March, 1996] An Act to continue the existing rates of income-tax for the financial year 1996-97 BE it enacted by Parliament in the Forty-seventh Year of the Republic of India as follows:- 1. Short title and commencement (1)This Act may be called the Finance Act, 1996. (2) It shall come into force on the 1st day of April, 1996.
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