Bare Act Search Results

Fiscal Responsibility and Budget Management Act 2003 Complete Act

Title: Fiscal Responsibility and Budget Management Act 2003

State: Central

Year: 2003

Preamble1 - FISCAL RESPONSIBILITY AND BUDGET MANAGEMENT ACT, 2003 Section1 - Short title, extent and commencement Section2 - Definitions Section3 - Fiscal Policy Statements to be laid before Parliament Section4 - Fiscal Management principles Section5 - Borrowing from Reserve Bank Section6 - Measures for fiscal transparency Section7 - Measures to enforce compliance Section8 - Power to make rules Section9 - Rules to be laid before each House of Parliament Section10 - Protection of action taken in good faith Section11 - Jurisdiction of civil courts barred Section12 - Application of other laws not barred Section13 - Power to remove difficulties

Karnataka Local Fund Authorities Fiscal Responsibility Act, 2003 Complete Act

Title: Karnataka Local Fund Authorities Fiscal Responsibility Act, 2003

State: Karnataka

Year: 2003

Preamble 1 - KARNATAKA LOCAL FUND AUTHORITIES FISCAL RESPONSIBILITY ACT, 2003 Section 1 - Short title, extent and commencement Section 2 - Definitions Section 3 - Medium Term Fiscal Plan Section 4 - Financial management principles Section 5 - Measures for fiscal transparency Section 6 - Measure to enforce compliance to this Act Section 7 - Publication of financial document and annual report Section 8 - Power to make rules Section 9 - Protection of action taken in good faith Section 10 - Application of other laws Section 11 - Removal of difficulties

The Kerala Value Added Tax Act, 2003 Complete Act

State: Kerala

Year: 2003

THE KERALA VALUE ADDED TAX ACT, 2003 1 THE KERALA VALUE ADDED TAX ACT, 2003 {UPDATION UPTO FINANCE ACT 2009} An Act to consolidate and amend the law relating to the levy of tax on the sale or purchase of goods based on the concept of Value Added Tax in the State of Kerala. Preamble. - Whereas it is expedient to consolidate and amend the law relating to the levy of tax on the sale or purchase of goods based on the concept of value added tax in the State of Kerala: Be it enacted in the Fifty-fourth Year of the Republic of India as follows: - CHAPTER - I PRELIMINARY 1 . Short title, extent and commencement . " (1) This Act may be called the Kerala Value Added Tax Act, 2003. (2) It extends to the whole of the State of Kerala. (3) It shall come into force on such date as the Government may, by notification in the Gazette, appoint. 2 . Definitions .- In this Act, unless the context otherwise requires, - (i)"Agriculture" with all its grammatical variations cognate expressions, includes floriculture, horticulture, the raisin of crops, grass or garden produce, and also grazing; but does not include dairy farming, poultry farming, stock.....

Taxation Laws (Amendment) Act, 2003 Chapter II

Title: Amendments to the Income-tax Act, 1961

State: Central

Year: 2003

.....the total income of the assessee: Provided that where in computing the total income of the undertaking for any assessment year, deduction under section 10A or section 10B has been claimed, the undertaking shall not be entitled to the deduction under this section: Provided further that no deduction under this section shall be allowed to any undertaking for the assessment year beginning on the 1st day of April, 2010 and subsequent years. (2) This section applies to any undertaking which fulfils the following conditions, namely:-- (a) it manufactures or produces the eligible articles or things without the use of imported raw materials; (b) it is not formed by the splitting up, or the reconstruction, of a business already in existence: Provided that this condition shall not apply in respect of any undertaking which is formed as a result of the re-establishment, reconstruction or revival by the assessee of the business of any such undertaking as is referred to in section 33B, in the circumstances and within the period specified in that section; (c) it is not formed by the transfer to a new business of machinery or plant previously used for any purpose. .....

Taxation Laws (Amendment) Act, 2003 Section 9

Title: Amendment of Section 206c

State: Central

Year: 2003

.....in the prescribed manner to the effect that the goods referred to in column (2) of the aforesaid Table are to be utilised for the purposes of manufacturing, processing or producing articles or things and not for trading purposes. (1B) The person responsible for collecting tax under this section shall deliver or cause to be delivered to the Chief Commissioner or Commissioner one copy of the declaration referred to in sub-section (1A) on or before the seventh day of the month next following the month in which the declaration is furnished to him."; (c) in sub-section (3), for the words "seven days", the words "the prescribed time" shall be substituted; (d) in sub-section (5), for the words "ten days from the date of debit", the words "such period as may be prescribed from the time of debit" shall be substituted; (e) in sub-section (7), for the words "one and one-fourth per cent.", the words "one per cent." shall be substituted; (f) in the Explanation occurring at the end, in clause (a), for sub-clauses (i) and (ii), the following sub-clauses shall be substituted, namely:-- "(i) a public sector company, the Central Government, a State Government, and an embassy, a high.....

The Himachal Pradesh Paramedical Council Act, 2003 Complete Act

State: Himachal

Year: 2003

THE HIMACHAL PRADESH PARAMEDICAL COUNCIL ACT, 2003 THE HIMACHAL PRADESH PARAMEDICAL COUNCIL ACT, 2003 (ACT NO. 21 OF 2003) [Passed in Hindi by the Himachal Pradesh Vidhan Sabha. For Statement of Objects and Reasons see R. H. P. Extra. , dated 18. 7. 2002 p. 919 and 941.] (Received the assent of the Governor on the 29th October, 2003 and was published in Hindi and English in R.H.P. Extra., dated 2.8.2003, p. 2199-2240) AN Act to provide for the establishment of Paramedical Council in the State of Himachal Pradesh and to regulate the practice by paramedical practitioners and institutions. BE it enacted by the Legislative Assembly of Himachal Pradesh in the Fifty- fourth Year of the Republic of India, as follows :- 1. Short title.- This Act may be called the Himachal Pradesh Paramedical Council Act, 2003. 2. Definitions.- In this Act, unless the context otherwise requires,- (a) "approved institution" means a hospital, health center or other such institution recognized by a University as an institution in which a person may undergo the training, if any, required by his course of study before the award of any paramedical qualification to him; (b) "Council" means.....

Karnataka Local Fund Authorities Fiscal Responsibility Act, 2003 Preamble 1

Title: Karnataka Local Fund Authorities Fiscal Responsibility Act, 2003

State: Karnataka

Year: 2003

THE KARNATAKA LOCAL FUND AUTHORITIES FISCAL RESPONSIBILITY ACT, 2003 [ACT NO 41 OF 2003] [5 September, 2003] PREAMBLE An Act to provide for the responsibility of Local Fund Authorities to ensure best practice of financial management of local funds and to enhance the scope for improving social and physical infrastructure and human development by achieving sufficient revenue surplus, ensuring prudent management of public fiscal operations of the Local Funds and use of a medium term fiscal frame work, and for matters connected therewith or incidental thereto. Whereas it is expedient to provide for the responsibility of Local Fund Authorities to ensure fiscal stability and sustainability and to enhance scope for improving social and physical infrastructure and human development by achieving sufficient revenue surplus, performance enhancement, citizen participation and transparency while removing impediments to the effective conduct of fiscal policy and enabling prudent financial management through appropriate modern systems and with greater transparency in fiscal operations of the Local Funds with the use of a medium--term fiscal frame work, and for matters connected.....

Fiscal Responsibility and Budget Management Act 2003 Preamble 1

Title: Fiscal Responsibility and Budget Management Act, 2003

State: Central

Year: 2003

THE FISCAL RESPONSIBILITY AND BUDGET MANAGEMENT ACT, 2003 [Act, No. 39 of 2003] PREAMBLE to provide for the responsibility of the Central Government to ensure inter-generational equity in fiscal management and long-term macro-economic stability by achieving sufficient revenue surplus and removing fiscal impediments in the effective conduct of monetary policy and prudential debt management consistent with fiscal sustainability through limits on the Central Government borrowings, debt and deficits, greater transparency in fiscal operations of the Central Government and conducting fiscal policy in a medium-term framework and for matters connected therewith or incidental thereto. BE it enacted by Parliament in the Fifty-fourth Year of the Republic of India as follows:--

The Collection of Entertainments Duty on Cable Television (Including Entertainments Duty Leviable on Directtohome (Dth) Broadcasting Service) by Way of Public Auction Rules, 2003 Complete Act

State: Central

Year: 2003

.....a person registered as a Cable Operator under section 3 of the Central Act; (d) "Central Act" means the Cable Television Networks (Regulation) Act. 1995 (Act No. 7 of 1995); (e) "Government" means the Government of Maharashtra in the Department of Revenue and Forests; (f) "Person" means a person as defined in the Central Act; (g) "Territorial Unit" means ordinarily a district or a Municipal Corporation or a Municipal Council or a designated area of a Municipal Corporation or of a Municipal Council or any other area of a district as may be declared by the Government or the Collector from time to time, (h) "Upset price" means a notional aggregate of the entertainment duty leviable on all the cable connections and the duty leviable on Direct-to-Home broadcasting service in a territorial unit (2) Words and expressions used in these rules but not defined shall have the meanings respectively assigned to them in the Act. RULE 03: DETERMINATION OF UPSET PRICE The Government may, by general or special order determine upset price for every territorial unit. RULE 04: COLLECTION OF ENTERTAINMENTS DUTY (l) The Government may, lease by public auction the .....

Karnataka Local Fund Authorities Fiscal Responsibility Act, 2003 Section 4

Title: Financial Management Principles

State: Karnataka

Year: 2003

Every local fund authority will be guided by the following financial management principles, namely:-- (a) ensuring transparency at all stages of policy making and implementation; (b) introducing performance linked budget policies; (c) providing for effective and sustained fiscal monitoring systems; (d) introducing robust financial management principles; (e) maintaining local fund authority's debt at prudent levels; (f) managing guarantees and other contingent liabilities prudently, with particular reference to the quality and level of such liabilities; (g) ensuring that policy decisions of the local fund authority have due regard to their current financial position and the financial implications on future generations; (h) adopting accrual system of accounting for payables and receivables; (i) ensuring that borrowings are used for productive purposes and accumulation of capital assets, and are not applied to finance current expenditure; (j) ensuring a reasonable degree of predictability in the flow of funds; (k) pursuing tax policies with due regard to economic efficiency and compliance costs; (l) pursuing fiscal policies with due regard to cost recovery an