Honorable President of India has assented to the Finance (No.2) Bill, 2014 on 6th August, 2014, with this  the Finance (No.2) Act, 2014 [No.25 of 2014 has come into effect.

So now all the provision of Budget 2014 presented by Finance Minister Arun Jaitley vide his Budget presented on 10th July 2014 have come into effect.