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          <h1>New Finance Act 2024 Enacted: Retroactive Sections from April 1, 2024, Others Await Government Notification</h1> The Finance (No. 2) Act, 2024, approved by the President on August 16, 2024, aims to implement the Central Government's financial proposals for the fiscal year 2024-25. The Act is officially titled the Finance (No. 2) Act, 2024. Sections 2 to 87 are retroactively effective from April 1, 2024, while sections 114 to 157 will be enacted on dates specified by the Central Government through notifications in the Official Gazette.

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