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of <h1>Finance Act 2006: Implementing Central Government's Financial Proposals for Fiscal Year 2006-2007, Sections 2-57 Effective April 1</h1> The Finance Act, 2006, was enacted to implement the financial proposals of the Central Government for the fiscal year 2006-2007. It is officially titled the Finance Act, 2006, and its provisions, specifically sections 2 to 57, are considered effective from April 1, 2006, unless stated otherwise within the Act.
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