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Section 1 - Short Title and commencement - Finance Act, 1978Extract MINISTRY OF LAW, JUSTICE AND COMPANY AFFAIRS (Legislative Department) New Delhi, the 12th May, 1978/ Vaisakha 22, 1900 (Saka) The following Act of Parliament received the assent of the President on the 12th May, 1978 and is here by published for general information: THE FINANCE ACT, 1978 No. 19 of 1978 [12th May 1978] An Act to give effect to the financial proposals of the Central Government for the financial year 1978-79 BE it enacted by Parliament in the Twenty-ninth Year of the Republic of India as follows :- CHAPTER I PRELIMINARY 1. Short Title and commencement (1) This Act may be called the Finance Act, 1978. (2) Save as otherwise provided in this Act, sections 2 to 33 and section 40 shall be deemed to have come into force on the 1st day of April, 1978.
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