Important Date for Finance Act, 2020
Effective Date: June 30, 2020.
Provisions Enforced: Sections 118: Related to power to remove difficulties. Sections 125: Regarding the power to arrest.
Sections 129 & 130: Pertaining to detention, seizure, and release of goods and conveyances. Government Authority: Central Government.
Issued By: Pramod Kumar, Director to the Government of India.
Purpose: Specifies the commencement date for certain sections of the Finance Act, 2020.
Implications: Ensures enforcement of crucial provisions for taxation and regulation.
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