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<h1>Finance Act, 2020: Key Provisions and Implementation Dates for India's Fiscal Year 2020-2021 Announced</h1> The Finance Act, 2020, enacted by the Indian Parliament, received presidential assent on March 27, 2020. It aims to implement the Central Government's financial proposals for the fiscal year 2020-2021. The Act is officially titled the Finance Act, 2020, and its provisions are set to commence on April 1, 2020, except for specified sections, which will be activated on dates determined by the Central Government via official notification. A corrigendum issued on April 15, 2020, corrected the section references within the Act.