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<h1>Finance Act 1964 Enforces Central Government's Financial Proposals for 1964-65 Retroactively from April 1, 1964</h1> The Finance Act, 1964, enacted by the Parliament of India, received presidential assent on April 28, 1964. It aims to implement the Central Government's financial proposals for the fiscal year 1964-65. The Act is officially titled the Finance Act, 1964, and its provisions, specifically sections 3 to 55, are retroactively effective from April 1, 1964.