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          <h1>Finance Act 2008: Key Taxation and Financial Regulations for India's 2008-2009 Fiscal Year Implemented April 1, 2008.</h1> The Finance Act, 2008, enacted by the Parliament of India, implements the financial proposals of the Central Government for the fiscal year 2008-2009. It is officially titled the Finance Act, 2008, and its provisions, except where otherwise specified, took effect on April 1, 2008. This legislation outlines the statutory framework for taxation and financial regulations for the specified financial year.

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