Commencement of Finance Act: operative provisions take effect at the start of the financial year to implement fiscal proposals. The statute is titled the Finance Act, 2023 and sets the commencement framework to implement the Central Government's financial proposals; except as otherwise provided, the operative statutory provisions comprising the main body of the Act are specified to come into force at the commencement of the relevant financial year, thereby fixing the effective date for the majority of its tax and fiscal measures.