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of <h1>Finance Act 1974: Key Financial Regulations and Taxation Measures Effective from April 1, 1974</h1> The Finance Act, 1974, enacted by the Indian Parliament, implements the financial proposals of the Central Government for the fiscal year 1974-75. It is officially titled the Finance Act, 1974, and its provisions, except where otherwise specified, are effective from April 1, 1974. This Act outlines the statutory framework for financial regulations, including taxation, for the specified fiscal period.
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