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.