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When is Effective date of the Finance Bill

Effective date of the Finance Bill

When is Effective date of the Finance Bill
When is Effective date of the Finance Bill :
The Union Budget not only contains the government's annual financial statement but also a road map for how the country's finances will be managed in the next financial year. As such, it is a piece of legislation that has to be vetted by Parliament. Usually, the Union Budget is presented a month or two before the end of the ongoing financial year and is effective from April 1 of the next financial year.
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