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of <h1>Finance (No. 2) Act, 1967 enacts India's financial proposals for 1967-68; effective retroactively from April 1, 1967.</h1> The Finance (No. 2) Act, 1967, enacted by the Indian Parliament, received presidential assent on August 5, 1967. It aims to implement the Central Government's financial proposals for the fiscal year 1967-68. The Act, identified as No. 20 of 1967, specifies that its provisions, except where stated otherwise, are retroactively effective from April 1, 1967.
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