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Section 1 - Short title and commencement - Finance Act, 1961Extract MINISTRY OF LAW (Legislative Department) New Delhi, the 29 th April, 1961/Vaisakha 9, 1883 (Saka) The Following Act of Parliament received the assent of the President on the 29 th April, 1961, and is hereby published for general information:- THE FINANCE ACT, 1961 No. 14 of 1961 [29th April, 1961] An Act to give effect to the financial proposals of the Central Government for the financial year 1961-62.- BE it enacted by Parliament in the Twelfth Year of the Republic of India as follows:- 1. Short title and commencement (1) This Act may be called the Finance Act, 1961. (2) Save as otherwise provided in this Act, sections 3 to 10 inclusive shall be deemed to have come into force on the first day of April, 1961.
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