Vidhi Codex

Bare Act

The Maharashtra Fiscal Responsibility and Budgetary Management (Amendment) Act, 2006

Finance20063 sections

This amendment act alters the definition of "assessment year" within the Maharashtra Fiscal Responsibility and Budgetary Management Act of 2005. By substituting the old definition with one that specifies the financial year starting from April 1, 2006, the law clarifies the timeline for the state government's fiscal targets and financial frameworks. The Act officially takes effect on May 10, 2006, ensuring administrative compliance with the new fiscal timeline (Short Title and Commencement, Sections 1 and 2).

Start reading →Read full ActSections
  1. 1. Short title and commencement
  2. 2. Amendment of section 2 of Maharashtra Act VI of 2006
  3. 3. Amendment of section 5 of Maharashtra Act VI of 2006

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