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Introducing the βIn Favour Ofβ filter in Case Laws.
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<h1>Finance Act, 1988: Retroactive Implementation of Financial Proposals from April 1, 1988, per Sections 2-75 and 86-88.</h1> The Finance Act, 1988, enacted by the Parliament of India, received presidential assent on May 13, 1988. It aims to implement the Central Government's financial proposals for the fiscal year 1988-89. The Act is officially cited as the Finance Act, 1988, and specifies that sections 2 to 75 and sections 86 to 88 are retroactively effective from April 1, 1988, unless otherwise stated within the Act.