Government Enacts Finance Act (No. 2) Provisions

Legislative Authority: Exercise of powers under sub-section (2) of section 1 of the Finance (No. 2) Act, 2019.

Effective Date: Provisions of section 114 of the Finance (No. 2) Act, 2019, enforced from January 1, 2020.

Directive Issued By: Central Government, acting upon the authority vested in them.

Purpose: Implementation of specific provisions outlined in the Finance (No. 2) Act, 2019.

Authority's Representative: Pramod Kumar, Director, Government of India, announced the enactment.

Amendment Impact: Implications of section 114 now in effect, subject to compliance.

Notification Details: Gazette of India publication confirms the commencement of the stated provisions.