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of <h1>Finance Act 2023: Key Sections 2-127 Now Effective, Remaining Sections 128-163 Await Notification for Implementation Dates.</h1> The Finance Act, 2023, enacted by the Indian Parliament, received presidential assent on March 31, 2023. It implements the financial proposals of the Central Government for the fiscal year 2023-2024. The Act is officially titled the Finance Act, 2023. Sections 2 to 127 became effective on April 1, 2023, while sections 128 to 163 will commence on dates specified by the Central Government through notifications in the Official Gazette.
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