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<h1>Finance Act 2012 Enacts Central Government's Financial Proposals for 2012-2013 Fiscal Year, Effective April 1, 2012</h1> The Finance Act, 2012, aims to implement the Central Government's financial proposals for the 2012-2013 fiscal year. It is officially titled the Finance Act, 2012, and specifies that, except where otherwise indicated, its sections 2 to 112 are effective from April 1, 2012.