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of <h1>India's Finance Act 1990 Enforces Central Govt's Fiscal Proposals for 1990-91, Retroactive from April 1, 1990, Sections 2-61.</h1> The Finance Act, 1990, enacted by the Parliament of India, implements the financial proposals of the Central Government for the fiscal year 1990-91. It is officially titled the Finance Act, 1990, and was enacted on May 31, 1990. Unless specified otherwise within the Act, its provisions, specifically sections 2 to 61, are retroactively effective from April 1, 1990.
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