Bare Act Search Results

The Legislative Assembly of Meghalaya (Members Salaries & Allowances) (Amendment) Bill, 1974 Complete Act

State: Meghalaya

Year: 1974

..... STATEMENT OF OBJECT AND REASONS According to the existing provisions laid down in the Legislative Assembly (Members' Salaries and Allowances) Act, 1972 (Act 8 of 1972) a member is entitled to a salary of Rs.350 p.m. and a fixed Travelling Allowances of Rs.150 p.m. and for the number of days attended, a daily allowances at Rs.20 is paid if the member's attendance is required in connection with his duties as such member and a conveyance allowance of Rs.2.50 per day during the period the Legislative Assembly is in session and during the period any of its committees hold its meetings. In view of the high cost of living as well as travelling expenses the existing rates of salary, fixed travelling allowance, daily allowance and conveyance allowance are considered not adequate. Hence this Bill. Be it enacted by the Legislature of Meghalaya in the Twenty-fifth Year of the Republic of India as follows :- Short title and commencement 1. (1) This Act may called the Legislative Assembly of Meghalaya (Member's Salaries and Allowances) (Amendment) Act, 1974. (2) It shall be deemed to have come into force on the first day of March, 1974. Amendment of Sections 3, 4 and 5 of.....

Coal Mines (Conservation and Development) Act, 1974 Complete Act

State: Central

Year: 1974

.....of the Coal Board as the principal agency to administer the provisions of the Act The 1952 Act provides for the imposition of a cess on all The said Act was enacted at a time when almost the entire coal raised and despatched, and on all coke manufactured coal industry was in private hands In view of the and despatched from the collieries in India While the said nationalisation of the coal mines the continued existence of provisions are being retained in the Bill, the maximum rate the Coal Board is no longer necessary because most of the at which the cess may be levied and collected is being functions of the Coal Board may be better discharged by the increased from four rupees to ten rupees per tonne keeping public sector undertakings which have been set up to work in view the increased cost of conservation and development and develop the nationalised coal mines The Bill, therefore, provides for the abolition of the Coal Board and makes Gaz of Ind 30-4-74, Pt II S 2, Ext, P 397 Act 55 of 1985.-Section 4of the Coal Mines (Conservation and Development) Act, 1974 (28 of 1974), enables the Central Government to exercise such powers and take such measures as it may deem necessary or as.....

Interest Tax Act, 1974 Complete Act

State: Central

Year: 1974

.....which carries on exclusively, or almost exclusively, two or more classes of business referred to in the preceding sub-clauses;] (6) "Income-tax Act" means the Income-tax Act, 1961; 2[(7) "interest" means interest on loans and advances made in India and includes - (a) commitment charges on unutilised portion of any credit sanctioned for being availed of in India; and (b) discount on promissory notes and bills of exchange drawn or made in India, but does not include - (i) interest referred to in sub-section (1B) ofSection 42 of the Reserve Bank of India Act, 1934- (ii) discount on treasury bills;] (8) "prescribed" means prescribed by rules made under this Act; 3[(9) x x x ] (10) all other words and expressions used herein but not defined and defined in the Income-tax Act shall have the meanings respectively assigned to them in that Act. SECTION 03: TAX AUTHORITIES - 6[(1) The Income-tax authorities specified inSection 116 of the Income-tax Act-shall be the interest-tax authorities for the purposes of this Act. (1A) .Every such authority shall exercise the powers and perform the functions of an interest-tax authority under this Act in respect of any person within his.....

Oil Industry (Development) Act, 1974 Complete Act

State: Central

Year: 1974

.....under section 10-in respect of such concern shall be entitled to any compensation for the loss of office or for the premature termination under this Act of the contract entitling him to be in charge of such management. (2) Nothing contained in sub-section (1) shall affect the right of any Director or other person referred to therein to recover from the oil industrial concern moneys recoverable otherwise than by way of such compensation. (1) Where the management of an oil industrial concern, being a company as defined in the Companies Act, 1956-, is taken over by the Board, then, notwithstanding anything contained in the said Act or in the memorandum or articles of association of such concern,- (a) it shall not be lawful for the shareholders of such concern or any other person to nominate or appoint any person to be a Director of such concern; (b) no resolution passed at any meeting of the shareholders of such concern shall be given effect to unless approved by the Board; (c) no proceeding for the winding up of such concern or for the appointment of a receiver in respect thereof shall lie in any court, except with the consent of the Board. (2) Subject to the provisions contained.....

Provisional Collection of Taxes Act, 1974 Section 3

Title: Power to Make Declaration Under This Act

State: Karnataka

Year: 1974

Where a Bill to be introduced in the Karnataka Legislative Assembly on behalf of the State Government provides for the imposition or increase of a tax, the State Government may cause to be inserted in the Bill a declaration that it is expedient in the public interest that any provision of the Bill relating to such imposition or increase shall have immediate effect under this Act.

Interest Tax Act, 1974 Section 2

Title: Definitions

State: Central

Year: 1974

..... (ii) a public financial institution as defined in Section 4A of the Companies Act, 1956; (iii) a State financial corporation established under Section 3 or Section 3A or an institution notified under Section 46 of the State Financial Corporations Act, 1951 and (iv) any other financial company; (5B) "financial company" means a company, other than a company referred to in sub-clause (i), (ii) or (iii) of clause (5 A), being-- (i) a hire-purchase finance company, that is to say, a company which carries on, as its principal business, hire-purchase transactions or the financing of such transactions; (ii) an investment company, that is to say, a company which carries on, as its principal business, the acquisition of shares, stock, bonds, debentures, debenture stock or securities issued by the Government or a local authority, or other marketable securities of a like nature; (iii) a housing finance company, that is to say, a company which carries on, as its principal business, the business of financing of acquisition or construction of houses, including acquisition or development of land in connection therewith; (iv) a loan company, that is to say, a company [not being.....

Provisional Collection of Taxes Act, 1974 Preamble 1

Title: Provisional Collection of Taxes Act, 1974

State: Karnataka

Year: 1974

THE KARNATAKA PROVISIONAL COLLECTION OF TAXES ACT, 1974 [Act, No. 2 of 1974] [21st March, 1974] PREAMBLE An Act to provide for immediate effect being given for a limited period to provisions in Bills relating to the imposition or increase of taxes. WHEREAS it is expedient to provide for immediate effect being given for a limited period to provisions in Bills relating to the imposition or increase of taxes; BE it enacted by the Karnataka State Legislature in the Twenty-fifth year of the Republic of India as follows:-

Sick Textile Undertakings (Nationalisation) Act, 1974 Complete Act

State: Central

Year: 1974

.....(2) of that Schedule. (o) "textile undertaking" means an undertaking engaged in the manufacture of textiles and to which the provisions of the Factories Act, 1948-, apply. (2) Words and expressions used but not defined in this Act and defined in the Industries (Development and Regulation) Act, 1951-, shall have the meanings respectively assigned to them in that Act. (3) Words and expressions used but not defined either in this Act or in the Industries (Development and Regulation) Act, 1951-., but defined in the Companies Act, 1956-shall have the meanings respectively assigned to them in the Companies Act, 1956-. CHAPTER 02 ACQUISITION OF THE RIGHTS OF OWNERS OFSICK TEXTILE UNDERTAKINGS SECTION 03: ACQUISITION OF RIGHTS OF OWNERS IN RESPECT OF SICK TEXTILE UNDERTAKINGS (1) On the appointed day, every sick textile undertaking and the right, title and interest of the owner in relation to every such sick textile undertaking shall stand transferred to, and shall vest absolutely in, the Central Government. (2) Every sick textile undertaking which stands vested in the Central Government by virtue of subsection (1) shall immediately after it has so vested, stand transferred.....

Additional Emoluments (Compulsory Deposit) Act, 1974 Complete Act

State: Central

Year: 1974

.....the agent of such owner or occupier, and where a person is named as manager of the factory under clause (f) of sub-section (1) of section 7 of the Factories Act, 1948, ( 63 of 1948)-.the person so named; (ii) In relation to an establishment belonging to or under the control of the Central Government or a State Government, the person or authority appointed by the appropriate Government for the supervision and control of the employees, or where no person has been so appointed, the head of the Department concerned; (iii) in relation to an establishment belonging to or under the control of any local authority, the person appointed by such authority for the supervision and control of the employees, or where no person has been so appointed, the Chief Executive Officer of the local authority; (iv) in any other case, the person who, or the authority which, has the ultimate control over the affairs of the establishment, and where the said affairs are entrusted to any other person, whether called a manager, managing director or by any other name, such person; and includes, in the case of a deceased employer, the legal representative of such deceased employer; (i) "local authority" means.....

Maharashtra Increase of Land Revenue and Special Assessment Act, 1974 Complete Act

State: Maharashtra

Year: 1974

.....the Maharashtra Education and Employment Guarantee (Cess) Act, 1962,] on all agricultural lands in the State; (g) "prescribed" means prescribed by rules made under this Act. (2) Words or expressions used in this Act, but not defined, shall have the meanings respectively assigned to them in the Code, or as the case may be, the 7[Maharashtra Education and Employment Guarantee] (Cess) Act, 1962. SECTION 03: LEVY AND COLLECTION OF INCREASE IN LAND REVENUE Subject to the provisions of this Act, on and from the 1st day of August 1975, for the purpose of raising additional resources needed for implementing the Employment Guarantee Scheme 9[under the Maharashtra Employment Guarantee Act, 1977,] the amount of land revenue payable by a holder in respect of his holding shall be increased at the following rate, that is to say: " Where an amount of special assessment payable. Rate of increase (a) does not exceed Rs. 200. Nil (b) exceeds Rs. 200 but does not exceed Rs. 500. 25 per centum of such amount as is in excess of Rs. 200 (c) exceeds Rs. 500 but does not exceed Rs. 1,000. Rs. 75 plus 50 per centum of such amount as is in excess of Rs. 500 (d) exceeds Rs. 1,000 but does not exceed Rs......