Functions of Finance Act - General Economics & Indian Economy

Q.  Consider the following statements

1. The Finance Act gives effect to financial proposals at the beginning of every Financial Year

2. The Finance Act for a particular financial year also includes the amendments that have been made with respect to Direct Taxes.

Which of the above statements is/are correct?
- Published on 05 Apr 15

a. Only 1
b. Only 2
c. Both
d. None

ANSWER: Both

Related Content

➨ Post your comment / Share knowledge


Enter the code shown above:

(Note: If you cannot read the numbers in the above image, reload the page to generate a new one.)
▲