Finance Act, 2021

Chapter: I
PRELIMINARY
Section 1	:	Short title and commencement.
Chapter: II
RATES OF INCOME-TAX
Section 2	:	Income-tax.
Chapter: III
DIRECT TAXES - Income-tax
Section 3	:	Amendment of section 2.
Section 4	:	Amendment of section 9A.
Section 5	:	Insertion of new section 9B.
Section 6	:	Amendment of section 10.
Section 7	:	Amendment of section 11.
Section 8	:	Amendment of section 32.
Section 9	:	Amendment of section 36.
Section 10	:	Amendment of section 43.
Section 11	:	Amendment of section 43B.
Section 12	:	Amendment of section 43CA.
Section 13	:	Amendment of section 44AB.
Section 14	:	Amendment of section 44ADA.
Section 15	:	Amendment of section 44DB.
Section 16	:	Amendment of section 45.
Section 17	:	Amendment of section 47.
Section 18	:	Amendment of section 48.
Section 19	:	Amendment of section 49.
Section 20	:	Amendment of section 50.
Section 21	:	Amendment of section 50B.
Section 22	:	Amendment of section 54GB.
Section 23	:	Amendment of section 55.
Section 24	:	Amendment of section 56.
Section 25	:	Amendment of section 72A.
Section 26	:	Amendment of section 79.
Section 27	:	Amendment of section 80EEA.
Section 28	:	Amendment of section 80-IAC.
Section 29	:	Amendment of section 80-IBA.
Section 30	:	Amendment of section 80LA.
Section 31	:	Insertion of new section 89A.
Section 32	:	Amendment of section 112A.
Section 33	:	Amendment of section 115ACA.
Section 34	:	Amendment of section 115AD.
Section 35	:	Amendment of section 115JB.
Section 36	:	Amendment of section 115UB.
Section 37	:	Amendment of section 139.
Section 38	:	Amendment of section 142.
Section 39	:	Amendment of section 143.
Section 40	:	Substitution of new section for section 147.
Section 41	:	Substitution of new section for section 148.
Section 42	:	Insertion of new section 148A.
Section 43	:	Substitution of new section for section 149.
Section 44	:	Substitution of new section for section 151.
Section 45	:	Amendment of section 151A.
Section 46	:	Amendment of section 153.
Section 47	:	Amendment of section 153A.
Section 48	:	Amendment of section 153B.
Section 49	:	Amendment of section 153C.
Section 50	:	Amendment of section 194.
Section 51	:	Amendment of section 194A.
Section 52	:	Amendment of section 194-IB.
Section 53	:	Insertion of new section 194P.
Section 54	:	Insertion of new section 194Q.
Section 55	:	Amendment of section 196D.
Section 56	:	Amendment of section 206AA.
Section 57	:	Insertion of new section 206AB.
Section 58	:	Insertion of new section 206CCA.
Section 59	:	Amendment of section 234C.
Section 60	:	Amendment of section 234F.
Section 61	:	Insertion of new section 234H.
Section 62	:	Amendment of section 245A.
Section 63	:	Insertion of new section 245AA.
Section 64	:	Amendment of section 245B.
Section 65	:	Amendment of section 245BC.
Section 66	:	Amendment of section 245BD.
Section 67	:	Amendment of section 245C.
Section 68	:	Amendment of section 245D.
Section 69	:	Amendment of section 245DD.
Section 70	:	Amendment of section 245F.
Section 71	:	Amendment of section 245G.
Section 72	:	Amendment of section 245H.
Section 73	:	Insertion of new section 245M.
Section 74	:	Insertion of new Chapter XIX-AA.
Section 75	:	Amendment of section 245N.
Section 76	:	Amendment of section 245-O.
Section 77	:	Insertion of new section 245-OB.
Section 78	:	Amendment of section 245P.
Section 79	:	Amendment of section 245Q.
Section 80	:	Amendment of section 245R.
Section 81	:	Amendment of section 245S.
Section 82	:	Amendment of section 245T.
Section 83	:	Amendment of section 245U.
Section 84	:	Amendment of section 245V.
Section 85	:	Insertion of new section 245W.
Section 86	:	Amendment of section 255.
Section 87	:	Amendment of section 263.
Section 88	:	Amendment of section 281B.
Chapter: IV
INDIRECT TAXES
Customs
Section 89	:	Amendment of section 2.
Section 90	:	Amendment of section 5.
Section 91	:	Amendment of section 25.
Section 92	:	Insertion of new section 28BB.
Section 93	:	Amendment of section 46.
Section 94	:	Amendment of section 110.
Section 95	:	Amendment of section 113.
Section 96	:	Insertion of new section 114AC.
Section 97	:	Amendment of section 139.
Section 98	:	Amendment of section 149.
Section 99	:	Amendment of section 153.
Section 100	:	Insertion of new section 154C.
Customs Tariff
Section 101	:	Amendment of section 8B.
Section 102	:	Amendment of section 9.
Section 103	:	Amendment of section 9A.
Section 104	:	Amendment of First Schedule.
Excise
Section 105	:	Amendment of Fourth Schedule.
Section 106	:	Amendment of Chapter 27 of Fourth Schedule.
Section 107	:	Revised date of effect to amendments made in Fourth Schedule vide notification issued under section 3C of Central Excise Act, 1944.
Central Goods and Service Tax
Section 108	:	Amendment of section 7.
Section 109	:	Amendment of section 16.
Section 110	:	Amendment of section 35.
Section 111	:	Substitution of new section for section 44.
Section 112	:	Amendment of section 50.
Section 113	:	Amendment of section 74.
Section 114	:	Amendment of section 75.
Section 115	:	Amendment of section 83.
Section 116	:	Amendment of section 107.
Section 117	:	Amendment of section 129.
Section 118	:	Amendment of section 130.
Section 119	:	Substitution of new section for section 151.
Section 120	:	Amendment of section 152.
Section 121	:	Amendment of section 168.
Section 122	:	Amendment to Schedule II.
Integrated Goods and Services Tax
Section 123	:	Amendment of section 16.
Chapter: V
AGRICULTURE INFRASTRUCTURE AND DEVELOPMENT CESS
Section 124	:	Agriculture Infrastructure and Development Cess on imported goods.
Section 125	:	Agriculture Infrastructure and Development Cess on excisable goods.
Chapter: VI
MISCELLANEOUS
Part: I
AMENDMENT TO THE INDIAN STAMP ACT, 1899
Section 126	:	Insertion of new section 8G.
Part: II
AMENDMENT TO THE CONTINGENCY FUND OF INDIA ACT, 1950
Section 127	:	Amendment of Act 49 of 1950.
Part: III
AMENDMENTS TO THE LIFE INSURANCE CORPORATION ACT, 1956
Section 128	:	Commencement of this Part.
Section 129	:	Amendment of section 2.
Section 130	:	Substitution of new section for section 4.
Section 131	:	Substitution of new section for section 5.
Section 132	:	Substitution of section 19.
Section 133	:	Substitution of section 20.
Section 134	:	Amendment of section 22.
Section 135	:	Insertion of new section 23A.
Section 136	:	Substitution of section 24.
Section 137	:	Substitution of section 25.
Section 138	:	Amendment of section 26.
Section 139	:	Amendment of section 27.
Section 140	:	Amendment of section 28.
Section 141	:	Amendment of section 28A.
Section 142	:	Insertion of new sections 28B and 28C.
Section 143	:	Substitution of sections 46 and 47.
Section 144	:	Amendment of section 48.
Section 145	:	Amendment of section 49.
Section 146	:	Insertion of new sections 50 and 51.
Part: IV
AMENDMENTS TO THE SECURITIES CONTRACTS (REGULATION) ACT, 1956
Section 147	:	Commencement of this Part.
Section 148	:	Amendment of section 2.
Section 149	:	Insertion of new section 30B.
Part: V
AMENDMENT TO THE CENTRAL SALES TAX ACT, 1956
Section 150	:	Amendment of Act 74 of 1956.
Part: VI
AMENDMENT TO THE ECONOMIC OFFENCES (INAPPLICABILITY OF LIMITATION) ACT, 1974
Section 151	:	Commencement of this Part.
Section 152	:	Amendment of Act 12 of 1974.
Part: VII
AMENDMENTS TO THE PROHIBITION OF BENAMI PROPERTY TRANSACTION ACT, 1988
Section 153	:	Commencement of this Part.
Section 154	:	Amendment of section 2.
Section 155	:	Substitution of section 7.
Section 156	:	Omission of sections 8 to 17.
Section 157	:	Amendment of section 26.
Section 158	:	Amendment of section 68.
Part: VIII
AMENDMENT TO THE SECURITIES AND EXCHANGE BOARD OF INDIA ACT, 1992
Section 159	:	Amendment of Act 15 of 1992.
Part: IX
AMENDMENT TO THE RECOVERY OF DEBTS DUE TO BANKS AND FINANCIAL INSTITUTIONS ACT, 1993
Section 160	:	Amendment of Act 51 of 1993.
Part: X
AMENDMENT TO THE FINANCE ACT, 2001
Section 161	:	Amendment of Seventh Schedule.
Part: XI
AMENDMENT TO THE SECURITISATION AND RECONSTRUCTION OF FINANCIAL ASSETS AND ENFORCEMENT OF SECURITY INTEREST ACT, 2002
Section 162	:	Amendment of Act 54 of 2002.
Part: XII
AMENDMENT TO THE UNIT TRUST OF INDIA (TRANSFER OF UNDERTAKING AND REPEAL) ACT, 2002
Section 163	:	Amendment of Act 58 of 2002.
Part: XIII
AMENDMENTS TO THE INDUSTRIAL DEVELOPMENT BANK (TRANSFER OF UNDERTAKING AND REPEAL) ACT, 2003
Section 164	:	Commencement of this Part.
Section 165	:	Amendment of section 3.
Part: XIV
AMENDMENTS TO THE FINANCE (NO.2) ACT, 2004
Section 166	:	Commencement of this Part.
Section 167	:	Amendment of section 97.
Section 168	:	Amendment of section 98.
Section 169	:	Amendment of section 100.
Section 170	:	Amendment of section 101.
Part: XV
AMENDMENT TO THE FINANCE ACT, 2016
Section 171	:	Amendment of Act 28 of 2016.
Part: XVI
AMENDMENT TO THE DIRECT TAX VIVAD SE VISHWAS ACT, 2020
Section 172	:	Amendment of Act 3 of 2020.
Part: XVII
AMENDMENT TO THE TAXATION AND OTHER LAWS (RELAXATION AND AMENDMENT OF CERTAIN PROVISIONS) ACT, 2020
Section 173	:	Amendment of Act 38 of 2020.
SCHEDULES
SCH-01	:	THE FIRST SCHEDULE
SCH-02	:	THE SECOND SCHEDULE
SCH-03	:	THE THIRD SCHEDULE
SCH-04	:	THE FOURTH SCHEDULE
SCH-05	:	THE FIFTH SCHEDULE
SCH-06	:	THE SIXTH SCHEDULE
SCH-07	:	THE SEVENTH SCHEDULE