Commencement of amendments requires an official notification appointing the date for the amendment provisions to come into force. Provisions amending the Fiscal Responsibility and Budget Management Act, 2003 become operative on the date the Central Government appoints by notification ... Summary
Commencement of amendments requires an official notification appointing the date for the amendment provisions to come into force.
Provisions amending the Fiscal Responsibility and Budget Management Act, 2003 become operative on the date the Central Government appoints by notification in the Official Gazette, so the amendment under the Finance Act, 2018 takes effect only upon such official notification specifying the commencement date.
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