Finance Act is a law passed annually by the government to implement the budget, outlining changes in taxation, public expenditure, and financial policies to manage the country’s economic growth and stability.
(a) the 1st day of April, 2014, as the date on which section 1 of the said Act shall be deemed to have come into force; (b) the 1st day of June, 2014, as the date on which section 2 of the said Act shall come into force;
An Act to amend the West Bengal Fiscal Responsibility and Budget Management Act, 2010. No. 1166-L dated 30.07.2010. No. 381-L dated 04.04.2011.
An Act to provide for the composition of, the qualifications requisite for appointment as members of the West Bengal Finance Commission, the manner in which they shall be selected, their powers and matters connected therewith or incidental thereto.
An Act to provide for the responsibility of the State Government to ensure prudence in fiscal management and fiscal stability by progressive elimination of revenue deficit, reduction in fiscal deficit and prudent debt management consistent with fiscal sustainability, greater transparency in fiscal operations of the State Government and conduct offiscalpolicy in a medium-term framework and for matters connected therewith or incidental thereto.