Bare Act Search Results

Finance Act, 1968 Complete Act

State: Central

Year: 1968

.....[Note.- "This section amended the Companies (Profits) Sill-tax Act, 1964, which amendments were incorporated in that Act.] SECTION 34: AMENDMENT OF ACT 32 OF 1934 - [This Act is now repealed and replaced by the Customs Tariff Act, 1975-] SECTION 35: SPECIAL DUTIES OF CUSTOMS - [This section related to levy of special duties of custom under the Indian Tariff, Act which has not been repealed and replaced by the Customs Tariff Actl975(51 of l975).] SECTION 36: REGULATORY DUTIES OF CUSTOMS - [This section provided for the levy of regulatory duties of custom under the Indian Tariff Act, which now stands repealed and replaced by the Customs Tariff Act 1975 (51 of 1975).] SECTION 37: AMENDMENT OF ACT I OF 1949 - [This Act has been repealed and replaced by the Customs Tariff Act '1975 (51 of 1975).] SECTION 38: AMENDMENT OF ACT I OF 1944 - [Note.- This section amended the Central Excises and Salt Act, 1944- These amendments were then incorporated in that Act.] SECTION 39: SPECIAL DUTIES,OF EXCUSE ON CERTAIN GOODS (1) When goods of the description mentioned in this section chargeable with duty of excise under the Central Excises Act (as amended by this Act or any subsequent Central.....

Finance Act 1968 Schedule I

Title: First Schedule

State: Central

Year: 1968

..... interested, or (ii) a company as is referred to in clause (iii) of sub-section (2) or clause (a) or clause (b) of sub-section (4) of section 104 of the Income-tax Act, or (iii) such a company as is exempt from the operation of section 104 of the said Act by a notification issued under the provisions of sub-section (3) of that section, on so much of the total income as does not exceed the relevant amount of distributions of dividends by the company 7.5 per cent. : Provided that the income-tax payable be a domestic company, being a company in which the public are substantially interested, the total income of which exceeds Rs. 50,000, shall not exceed the aggregate of (a) the income-tax which would have been payable by the company if its total income had been Rs. 50,000 (the income of Rs. 50,000 for this purpose being computed as if such income included income from various sources in the same proportion as the total income of the company); and (b) 80 per cent. of the amount by which its total income exceeds Rs. 50,000 Explanation 1 :.....

Finance Act 1968 Chapter III

Title: Income-tax

State: Central

Year: 1968

..... Section 23 - Amendment of Section 280C In section 280C of the Income-tax Act, - (a) in sub-section (1), for the words "Where any Central Act enacts", the words, figures and letters "Where, in relation to any assessment year, not being an assessment year commencing on or after the 1st day of April, 1969, any Central Act enacts" shall be substituted; (b) in clause (ii) of sub-section (2), after the words "or any subsequent assessment year", the words, figures and letters "not being an assessment year commencing on or after the 1st day of April, 1969" shall be inserted. Section 24 - Amendment of Section 280-O In section 280-O of the Income-tax Act, in the proviso to sub-section (1), after the words "or any subsequent assessment year", the brackets, words, figures and letters "(not being an assessment year commencing on or after the 1st day of April, 1969)" shall be inserted. Section 25 - Amendment of Section 280X In section 280X of the Income-tax Act, in sub-section (1), after the words "or any subsequent assessment year" the brackets, words, figures and letters "(not being an assessment year commencing on or after the 1st day of April, 1969)" shall be.....

Finance Act 1968 Section 5

Title: Insertion of New Sections 35b and 35c

State: Central

Year: 1968

.....of this Act for the same or any other assessment year. 35C. Agricultural development allowance. - (1)(a) Where any company is engaged in the manufacture or processing of any article or thing which is made from, or uses in such manufacture or precessing as raw material, any product of agriculture, animal husbandry, or dairy or poultry farming, and has incurred, after the 29th day of February, 1968, whether directly or through an association or body which has been approved for the purposes of this section by the prescribed authority, any expenditure in the provision of any goods, services or facilities specified in clause (b) to a person [not being a person referred to in clause (b) of sub-section (2) of section 40A] who is a cultivator, grower or producer of such product in India, the company shall, subject to the provisions of this section, be allowed a deduction of a sum equal to one and one-fifth times the amount of such expenditure incurred during the previous year. (b) The goods, services or facilities referred to in clause (a) are the following :- (i) fertilisers, seeds, pesticides, concentrates for cattle and poultry feed, tools or implements, for use by such.....

Insecticides Act, 1968 Complete Act

State: Central

Year: 1968

INSECTICIDES ACT, 1968 INSECTICIDES ACT, 1968 46 of 1968 2nd September, 1968 An Act to regulate the import, manufacture, sale, transport, distribution and use of insecticides with a view to prevent risk to human beings or animals, and for matters connected therewith Be it enacted by Parliament in the Nineteenth Year of the Republic of India as follows: SECTION 01: SHORT TITLE, EXTENT AND COMMENCEMENT (1) This Act may be called the Insecticides Act, 1968. (2) It extends to the whole of India. (3)'lt shall come into force on such date1as the Central Government may, by notification in the official Gazette, appoint and different dates may be appointed for different States2. SECTION 02: APPLICATION OF OTHER LAWS NOT BARRED The provisions of this Act shall be in addi- tion to, and not in derogation of, any other law for the time being in force. SECTION 03: DEFINITIONS In this Act, unless the context otherwise requires,- (a) "animals" means animals useful to human beings and includes fish and fowl, and such kinds of wild life as the Central Government may, by notification in the official Gazette, specify, being kinds which in its opinion, it is desirable to protect or.....

Insecticides Act, 1968 Section 13

Title: Grant of Licence

State: Central

Year: 1968

.....insecticide] may make an application to the licensing officer for the grant of a licence : Provided that any person engaged in the business of manufacturing or selling, sking or exhibiting for sale or distributing any insecticide immediately before the commencement of this section shall make an application to the licensing officer for the grant of a licence within a period of2[seventeen months] from the date of such commencement. 3[Provided further that any person engaged in the commercial pest control operations immediately before the commencement of the Insecticides (Amendment) Act, 1977, shall make an application to the licensing officer for the grant of a licence within a period of six months from the commencement of the said Act.] (2) Every application under sub-section (1) shall be made in such form and shall contain such particulars as may be prescribed. (3) On receipt of any such application for the grant of a licence the licensing officer may grant a licence in such form, on such conditions and on payment of such fee as may be prescribed. (4) A licence granted under this section shall be valid for the period specified therein and may be renewed from time to.....

Insecticides Act, 1968 Section 36

Title: Power of Central Government to Make Rules

State: Central

Year: 1968

.....to the Insecticide Inspector under sub-section (1) of section 24; (q) the protective clothing and equipment to be used by workers during the manufacture, formulation, transport, distribution and application of insecticides and other facilities to be provided to keep themselves and things supplied to them free from any contamination; (r) the use by the workers of any such protective clothing, equipment and other facilities; (s) the precautions to be taken against poisoning through the use or handling of insecticides; (t) the measures for detecting and investigating cases in which poisoning has occurred; (u) the facilities to be provided for ensuring first-aid treatment; (v) the instruction and training to be provided regarding the use of things supplied to the workers for ensuring their safety; (w) the facilities for medical examination of workers engaged in the manufacture or handling of insecticides; 2 [(x) *****] (y) the equipment for, and method of, application of, an insecticide and the disposal of surplus material, washings and containers, following application; (z) the maintenance and inspection of records and returns; (za) the restrictions on.....

Finance Act 1968 Chapter II

Title: Rates of Income-tax and Annuity Deposit

State: Central

Year: 1968

.....mainly engaged in the business of generation or distribution of electricity or any other form of power or in the construction of ships or in the manufacture or processing of goods or in mining. Explanation : For the purposes of this clause, a company shall be deemed to be mainly engaged in the business of generation or distribution of electricity or any other form of power or in the construction of ships or in the manufacture or processing of goods or in mining, if the income attributable to any one or more of the aforesaid activities included in its total income of the previous year (as computed before making any deduction under Chapter VIA of the Income-tax Act) is not less than fifty-one per cent. of such total income; (e) "tax free security" means any security of the Central Government issued or declared to be income-tax free, or any security of a State Government issued income-tax free, the income-tax whereon is payable by the State Government; (f) all other words and expressions used in this section and the First Schedule but not defined in this sub-section and defined in the Income-tax Act shall have the meaning respectively assigned to them in that Act. Section 3.....

Finance Act 1968 Section 2

Title: Income-tax

State: Central

Year: 1968

.....is mainly engaged in the business of generation or distribution of electricity or any other form of power or in the construction of ships or in the manufacture or processing of goods or in mining. Explanation : For the purposes of this clause, a company shall be deemed to be mainly engaged in the business of generation or distribution of electricity or any other form of power or in the construction of ships or in the manufacture or processing of goods or in mining, if the income attributable to any one or more of the aforesaid activities included in its total income of the previous year (as computed before making any deduction under Chapter VIA of the Income-tax Act) is not less than fifty-one per cent. of such total income; (e) "tax free security" means any security of the Central Government issued or declared to be income-tax free, or any security of a State Government issued income-tax free, the income-tax whereon is payable by the State Government; (f) all other words and expressions used in this section and the First Schedule but not defined in this sub-section and defined in the Income-tax Act shall have the meaning respectively assigned to them in that Act.

The Mahe Land Reforms Act, 1968 Complete Act

State: Pondicherry

Year: 1968

.....Power to make rules. 139. Limitation. 140. Repeal and savings. THE MAHE LAND REFORMS ACT, 1968 (Act No.1 of 1968) 22nd March, 1968 AN ACT To enact a comprehensive legislation relating to land reforms in Mahe region of the Union Territory of Pondicherry. WHEREAS it is expedient to enact a comprehensive legislation relating to land reforms in the Mahe region of the Union territory of Pondicherry; BE it enacted by the Legislative Assembly of Pondicherry in the Nineteenth Year of the Republic of India as follows:- CHAPTER I PRELIMINARY Short title, extent and commencement. 1. (1) This Act may be called the Mahe Land Reforms Act, 1968. (2) It extends to the whole of Mahe region of the Union territory of Pondicherry. The Act came into force from 22nd March, 1968 vide Extraordinary Gazette No.23, dated 22nd March, 1968. (3) The provisions of this Act, except this section which shall come into force at once, shall come into force on such date as the Government may, by notification in the Official Gazette, appoint; Provided that different dates may be appointed for different provisions of this Act, and any reference to the commencement of this Act in.....