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State Agricultural Credit Corporations Act, 1968 Section 26

Title: Payment of Dividend

State: Central

Year: 1968

After making provision for bad and doubtful debts, depreciation of assets and all other matters which are usually provided for by bankers , and after crediting to the Stabilisation Fund under section 24 and to the Reserve Fund under section 25, the Corporation may, out of its annual net profits, declare a dividend.

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 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 SECTION 34: AMENDMENT OF ACT 32 OF 1934 - [This Act is now repealed and replaced by the Customs Tariff Act, 1975-] SECTION 35: SPECIAL DUTIES OF CUSTOMS - [This section related to levy of special duties of custom under the Indian Tariff, Act which has not been repealed and replaced by the Customs Tariff Actl975(51 of l975).]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- [This section provided for the levy of regulatory duties of custom under the Indian Tariff Act, which now stands repealed and replaced by the Customs Tariff Act 1975 (51 of 1975).] SECTION 37: AMENDMENT OF ACT I OF 1949 - [This Act has been repealed and replaced by the Customs Tariff Act '1975 (51 of 1975).]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.....

Pondicherry (Extension of Laws) Act, 1968 Schedule I

Title: Schedule

State: Central

Year: 1968

.....in this Act shall apply to S the Renoncants of the Union Territory of Pondicherry." 1872 9 The Indian Contract Act, 1872. 1872 15 The Indian Christian Marriage Act, 1872. In section 1, at the end, insert : "Provided that nothing contained in this Act shall apply to the Renoncants of the Union Territory of Pondicherry." 1873 10 The Indian Oaths Act, 1873. 1875 9 The Indian Majority Act, 1875. In section 1, at the end insert : "Provided that nothing contained in this Act shall apply to the Renoncants of the Union Territory of Pondicherry." 1880 1 The Religious Societies Act, 1880. 1880 12 The Kazis Act, 1880. 1880 13 The Vaccination Act, 1880. 1882 4 The Transfer of Property Act, 1882. 1882 5 The Indian Easements Act, 1882. 1882 7 The Powers-of-Attorney Act, 1882. 1887 .....

Insecticides Act, 1968 Section 4

Title: The Central Insecticides Board

State: Central

Year: 1968

..... (a) the risk to human beings or animals involved in the use of insecticides and the safety measures necessary to prevent such risk; (b) the manufacture, sale, storage, transport and distribution of insecticides with a view to ensure safety to human beings or animals. (3) The Board shat consist of the following members, namely :-- (i) the Director-General of Heath Services, ex officio, who shall be the Chairman; (ii) the Drugs Controller, India, ex officio; (iii) the Plant Protection Adviser to the Government of India, ex officio; (iv) the Director of Storage and Inspection, Ministry of Food, Agriculture, Community Development and Co-operation (Department of Food), ex officio; (v) the Chief Adviser of Factories, ex officio; (vi) the Director, National Institute of Communicable Diseases, ex officio; (vii) the Director-General, Indian Council of Agricultural Research, ex officio; (viii) the Director-General, Indian Council of Medical Research, ex officio; (ix) the Director, Zoological Survey of India, ex officio; (x) the Director-General, Indian Standards Institution, ex officio; (xi) the Director-General of Shipping or, in his absence, the Deputy.....

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.....

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.....

State Agricultural Credit Corporations Act, 1968 Chapter 4

Title: Business Which the Corporation May Transact

State: Central

Year: 1968

.....(f) such commission as may be agreed upon; (h) managing or selling of any property which may come into the possession of the Corporation in satisfaction or part satisfaction of any of its claims; (i) acquiring or holding of any property or any right, title or interest in any property which may form the security or a part of the security for any loan or advance or which may be connected with any business of the Corporation; (j) any other kind of business which the Central Government may, on the recommendation of the Reserve Bank, authorise; (k) generally the doing of such things and matters as may be incidental to or consequential upon the discharge of its functions under this Act. Section 20 - Borrowing by the Corporation Subject to the provisions of this Act , the Corporation may, for the purposes of carrying out of its functions under this Act,- (a) re- discount; with or sell to; the Reserve Bank or borrow money from that Bank and for that purpose, the Corporation shall be deemed to be a State Co- operative Bank within the meaning of clause 2 (a) , clause 2(b), clause 2(bb) and clause (4) of section 17 , sub- section (2) of section 46A and sub- section (2) of.....

The Mahatma Phule Vastu Sangrahalaya Poona, Act, 1968 Complete Act

State: Central

Year: 1968

..... THE MAHATMA PHULE VASTU SANGRAHALAYA POONA, ACT, 1968 MAHARASHTRA ACT No. XVIII OF 1968 Amended by Mah, 63 of 1977. [11th June, 1968] An Act to extend the activities of the Museum at Poona under the name of the Mahatma Phule Vastu Sangrahalaya, Poona, and to make better provision for the management and maintenance thereof. WHEREAS, it is expedient to extend the activities of the Museum now known as the Lord Reay Maharashtra Industrial Museum at Poona, and to rename it as the Mahatma Phule Vastu Sangrahalaya, Poona, and to make better provision for the management and maintenance thereof and to provide for matters connected with the purposes aforesaid; It is hereby enacted in the Nineteenth Year of the Republic of India as follows : PRELIMINARY SECTION 01: SHORT TITLE AND COMMENCEMENT (1) This Act may be called the Mahatma Phule Vastu Sangrahalaya, Poona, Act, 1968, (2) It shall come into force on such ~date as the State Government may, by notification in the Official Gazette, appoint. SECTION 02: DEFINITIONS In this Act, unless the context other requires, (a) "Board" means the Board of Trustees constituted or deemed to be constituted under this Act; (b) prescribed.....

The Kerala Revenue Recovery Act, 1968 [1] Complete Act

State: Kerala

Year: 1968

THE KERALA REVENUE RECOVERY ACT, 1968 [1] THE KERALA REVENUE RECOVERY ACT, 1968 [1] (ACT 15 Of 1968) An Act to consolidate and amend the law relating to the recovery of arrears of public revenue in the State of Kerala Preamble.- WHEREAS it is expedient to consolidate and amend the laws relating to the recovery of arrears of public revenue in the State of Kerala ; BE it enacted in the Nineteenth 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 Revenue Recovery Act, 1968. (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,- "arrear of public revenue due on land" means the whole or any portion of any kist or instalment of such revenue not paid on the day on which it falls due according to the kistbandy or any engagement or usage ; "authorised officer" referred to in any provision of this Act means the officer authorised by the Collector under section 73 to exercise the powers or.....