EXTRACT OF THE FINANCE ACT, 2011 (Act No. 8 of 2011)

Assented by the President if India on, 08-04-2011

AN

ACT

to give effect to the financial proposals of the Central Government for the financial year 2011-2012.

BE it enacted by Parliament in the Sixty -Second 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, 2011.

(2) Save as otherwise provided in this Act, sections 2 to 34 shall be deemed to have come into force on the 1st day of April, 2010.

CHAPTER VI

MISCELLANEOUS

74. Amendment of section 15 of Act 74 of 1956

In Section 15 of the Central Sales Tax Act, 1956 in clause (a), for the words "four percent", the words "five percent" shall be substituted.