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of <h1>Finance Act 1975 Enforces Central Government's Financial Proposals for Fiscal Year 1975-76, Effective April 1, 1975.</h1> The Finance Act, 1975, enacted by the Parliament of India, is designed to implement the financial proposals of the Central Government for the fiscal year 1975-76. It is officially titled the Finance Act, 1975, and most of its sections, specifically sections 2 to 30, are considered effective from April 1, 1975. This Act is part of the legislative framework governing financial regulations and taxation for the specified period.
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