Commencement provisions: Act establishes short title and deems specified sections to commence at start of financial year. The Act is designated Finance Act, 1961. Except as otherwise provided, sections 3 to 10 inclusive are deemed to have come into force on the first day of April, 1961. The Act gives effect to the financial proposals of the Central Government for the financial year 1961-62.
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Commencement provisions: Act establishes short title and deems specified sections to commence at start of financial year.
The Act is designated Finance Act, 1961. Except as otherwise provided, sections 3 to 10 inclusive are deemed to have come into force on the first day of April, 1961. The Act gives effect to the financial proposals of the Central Government for the financial year 1961-62.
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