Finance Bill VS. Finance Act
This query is : Resolved
Dhiraj Manandhar
(Querist)
20 March 2010
While of course some budget changes have immediate effect, does anyone know when the Finance Bill can be Finance Act?
Amit Bajaj
(Expert)
20 March 2010
Finance bill becomes the Finance Act when it receives the assent of the President of India after it is passed by both the houses of Parliament.Infact every bill becomes an Act by this way.
Dhiraj Manandhar
(Querist)
21 March 2010
When Finance Bill will get ascent and become an Act?
CMA Ramesh Krishnan
(Expert)
21 March 2010
after passing both the house of parliment and approval of president of India
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