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Implemantation of the union budget proposals 2015

This query is : Resolved 
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(Querist)
02 March 2015 Dear Sir,
The Union Budget 2015 was presented on 28.02.15.
When would be the date on which such changes as proposed in the budget would become applicable?
I am of the opinion that it would be applicable from 01.04.2015. The Budget would also be passed at the Rajya Sabha first.
Please comment and help.
Regards
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Taxguy

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Taxguy (Expert)
30 July 2015 You are right the application starts from 1.4.2015 for that financial year, assessment year will be AY2016-17.
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