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of <h1>Finance Act 2014's Sections 2-71 Retroactively Effective from April 1, 2014; Implements India's Fiscal Proposals for 2014-2015.</h1> The Finance (No. 2) Act, 2014, is legislation enacted by the Indian Parliament to implement the Central Government's financial proposals for the fiscal year 2014-2015. The Act, identified as Bill No. 35 of 2014, was introduced in the Lok Sabha on July 10, 2014. It stipulates that, unless otherwise specified, its provisions from sections 2 to 71 are retroactively effective from April 1, 2014.
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