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of <h1>Finance Act 2017 implements Central Government's financial proposals for fiscal year 2017-2018, effective from April 1, 2017.</h1> The Finance Act, 2017, is enacted to implement the financial proposals of the Central Government for the fiscal year 2017-2018. It is designated as Bill No. 12 of 2017 and was introduced in the Lok Sabha on February 1, 2017. The Act is set to be effective from April 1, 2017, with sections 2 to 87 coming into force on that date, unless specified otherwise within the Act.
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