Finance Act

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.

West Bengal Fiscal Responsibility and Budget Management Act, 2010

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.