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<h1>Finance Act 2011 Implements Central Government's Financial Proposals for Fiscal Year 2011-2012 Under Sections 2 to 34</h1> The Finance Act, 2011, enacted by the Indian Parliament, aims to implement the financial proposals of the Central Government for the fiscal year 2011-2012. It is officially titled the Finance Act, 2011. Except where specified otherwise, the provisions outlined in sections 2 to 34 of the Act are considered effective from April 1, 2011.