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Finance Act, 2011 [8 of 2011] Assented by the President on 8-4-2011.
*Finance Act, 2011†
[8 of 2011]
An Act to give effect to the financial proposals of the Central
Government for the financial year 2011-2012.
BE it enacted by Parliament in the Sixty-second Year of the Republic of India as follows:—
CHAPTER I
PRELIMINARY
Short title and commencement.
1. (1) This Act may be called the Finance Act, 2011.
(2) Save as otherwise provided in this Act, sections 2 to 35 shall be deemed to have come into force on the 1st day of April, 2011.
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has president of india signed the FINACIAL BILL 2011 (vat on cotton yarn)
when publiahed in India Gazette and what is the effective date of sec. 75 of Fin. Act coming into force.
According to the information in the web the senior citizen age is not reduced.It is sixtyfive only.As per budget proposal it is reduced to Sixty.Kindly clarify.