Bare Act Search Results

Finance Act, 2012, (Central) Section 147

Title: Amendment of Section 3

State: Central

Year: 2012

In section 3 of the Fiscal Responsibility Act, (a) in sub-section (1), (i) in the opening portion, for the words "demands for grants", the words "demands for grants except the Medium-term Expenditure Framework Statement" shall be substituted; (ii) after clause (c), the following clause shall be inserted, namely: "(d) the Medium-term Expenditure Framework Statement"; (b) after sub-section (7), the following sub-sections shall be inserted, namely: "(1A) The statements referred to in clauses (a) to (c) of sub-section (1) shall be followed up with the Medium-term Expenditure Framework Statement with detailed analysis of underlying assumptions. (1B) The Central Government shall lay the Medium-term Expenditure Framework Statement referred to in clause (d) of sub-section (1) before both Houses of Parliament, immediately following the Session of Parliament in which the policy statements referred to in clauses (a) to (c) were laid under sub-section (7)."; (c) after sub-section (6), the following sub-section shall be inserted, namely: "(6A) (a) The Medium-term Expenditure Framework Statement shall set forth a three-year rolling target for prescribed expenditure indicators.....

Fiscal Responsibility and Budget Management Act, 2003 Complete Act

State: Central

Year: 2003

.....shall lie against the Central Government or any officer of the Central Government for anything which is in good faith done or intended to be done under this Act or the rules made thereunder. SECTION 11: JURISDICTION OF CIVIL COURTS BARRED No civil court shall have jurisdiction to question the legality of any action taken by, or any decision of, the Central Government, under this Act. SECTION 12: APPLICATION OF OTHER LAWS NOT BARRED The provisions of this Act shall be in addition to, and not in derogation of, the provisions of any other law for the time being in force. SECTION 13: POWER TO REMOVE DIFFICULTIES (1) If any difficulty arises in giving effect to the provisions of this Act, the Central Government may, by order published in the Official Gazette, make such provisions not inconsistent with the provisions of this Act as may appear to be necessary for removing the difficulty : Provided that no order shall be made under this section after the expiry of two years from the commencement of this Act. (2) Every order made under this section shall be laid, as soon ;;s may be after it is made, before each House of Parliament. Central Bare Acts

The Chhattisgarh Fiscal Responsibility and Budget Management Act, 2005 Complete Act

State: Chattisgarh

Year: 2005

THE CHHATTISGARH FISCAL RESPONSIBILITY AND BUDGET MANAGEMENT ACT, 2005 THE CHHATTISGARH FISCAL RESPONSIBILITY AND BUDGET MANAGEMENT ACT, 2005 [Act No. 16 of 2005] ( Published in Chhattisgarh Rajpatra (Asadharan) dated 2-9-2005 Pages 410(44-48).) [2nd September, 2005] PREAMBLE An Act to provide for the responsibility of the State Government to ensure prudence in fiscal management and fiscal stability by progressive elimination of revenue deficit, reduction in fiscal deficit, prudent debt management consistent with fiscal sustainability, greater transparency in fiscal operations of the Government and conduct of fiscal policy in a medium term framework and for matters connected therewith or incidental thereto. Be it enacted by the Chhattisgarh State Legislature in the Fifty-sixth Year of the Republic of India as follows:- Section 1 - Short title, extent and commencement (1) This Act may be called the Chhattisgarh fiscal Responsibility and Budget Management Act, 2005. (2) It extends to the whole of State of Chhattisgarh. (3) It shall come into force from the date of its publication in the official Gazette. Section 2 - Definitions In this Act, unless.....

The Haryana Fiscal Responsibility and Budget Management Act, 2005 Complete Act

State: Haryana

Year: 2005

.....lie against the State Government or any officer of the State Government for anything which is in good faith done or intended to be done under this Act or the rules made thereunder. 13. Application of other laws not barred.- The provisions of this Act shall be in addition to, and not in derogation of, the provisions of any other law for the time being in force. 14. Power to remove difficulties.- (1) If any difficulty arises in giving effect to the provisions of this Act, the State Government may, by order published in the Official Gazette, make such provisions not inconsistent with the provisions of this Act as may appear to be necessary for removing the difficulty: Provided that no order shall be made under this section after the expiry of two years from the commencement of this Act. (2) Every order made under this section shall be laid, as soon as may be after it is made, before the State Legislature. 15. Power to make rules.- (1) The State Government may, by notification in the Official Gazette, make rules for carrying out the purposes of this Act. (2) In particular, and without prejudice to the generality of the foregoing power, such rules may provide.....

Fiscal Responsibility and Budget Management Act 2003 Section 3

Title: Fiscal Policy Statements to Be Laid Before Parliament

State: Central

Year: 2003

.....market borrowings and other liabilities, lending and investments, pricing of administered goods and services, securities and description of other activities such as, underwriting and guarantees which have potential budgetary implications; (b) the strategic priorities of the Central Government for the ensuing financial year in the fiscal area; (c) the key fiscal measures and rationale for any major deviation in fiscal measures pertaining to taxation, subsidy, expenditure, administered pricing and borrowings; (d) an evaluation as to how the current policies of the Central Government are in conformity with the fiscal management principles set out in section 4 and the objectives set out in the Medium-term Fiscal Policy Statement. (5) The macro-economic framework statement shall contain as assessment of the growth prospects of the economy with specification of underlying assumptions. (6) In particular and without prejudice to the generality of the foregoing provisions the macro-economic framework statement shall contain an assessment relating to-- (a) the growth in the gross domestic product; (b) the fiscal balance of the Union Government as reflected in the revenue.....

Central Excise Tariff Act, 1985 Chapter 82

Title: Tools, Implements, Cutlery, Spoons and Forks, of Base Metal; Parts Thereof of Base Metal

State: Central

Year: 1985

..... - Other: 8214 90 10 --- Handles of cutlery of base metal kg. 16% 8214 90 90 --- Other kg. 16% 8215 SPOONS, FORKS, LADLES, SKIMMERS, CAKE-SERVERS, FISH-KNIVES, BUTTER-KNIVES, SUGAR TONGS AND SIMILAR KITCHEN OR TABLEWARE 8215 10 00 - Sets of assorted articles containing at least one article plated with precious metal kg. 16% 8215 20 00 - Other sets of assorted articles kg. 16% - Other: 8215 91 00 -- Plated with precious metal kg. 16% 8215 99 00 -- Other kg. 16%

Customs Tariff Act 1975 Chapter 82

Title: Tools, Implements, Cutlery, Spoons and Forks, of Base Metal;

State: Central

Year: 1975

..... - 8214 90 90 --- Other kg. [10%]2 - 8215 Spoons, forks, ladles, skimmers, cake-servers, fishknives, butter-knives, sugar tongs and similar kitchen or tableware 8215 10 00 - Sets of assorted articles containing at least one article plated with precious metal kg. [10%]2 - 8215 20 00 - Other sets of assorted articles kg. [10%]2 - - Other: 8215 91 00 -- Plated with precious metal kg. [10%]2 - 8215 99 00 -- Other kg. [10%]2 ______________________ 1. Substituted By The Third Schedule of Finance Act, 2006 w.e.f. 18.04.2006. 2. Substituted by the Finance Act, 2007 for 1[12.5%].

Customs Tariff (Amendment) Act, 2003 Chapter LXXXII

Title: Tools, Implements, Cutlery, Spoons and Forks, of Base Metal; Parts Thereof of Base Metal

State: Central

Year: 2003

..... files): 82142010 --- Nail cutters kg. 30% - 82142090 --- Other kg. 30% - 821490 - Other: 82149010 --- Handles of cutlery of base metal kg. 30% - 82149090 --- Other kg. 30% - 8215 SPOONS, FORKS, LADLES, SKIMMERS, CAKE-SERVERS, FISH-KNIVES, BUTTER-KNIVES, SUGAR TONGS AND SIMILAR KITCHEN OR TABLEWARE 82151000 - Sets of assorted articles containing at least one article plated with precious metal kg. 30% - 82152000 - Other sets of assorted articles kg. 30% - - Other: 82159100 --- Plated with precious metal kg 30% - 82159900 - Other kg. 30% -

Chemical Weapons Convention Act, 2000 Schedule I

Title: Schedule

State: Central

Year: 2000

.....Not permit in any place under its control any activity prohibited to a State Party under this Convention; and (c) Extend its penal legislation enacted under sub-paragraph (a) to any activity prohibited to a State Party under this Convention undertaken anywhere by natural persons, possessing its nationality, in conformity with international law. 2. Each State Party shall cooperate with other States Parties and afford the appropriate form of legal assistance to facilitate the implementation of the obligations under paragraph 1. 3. Each State Party, during the implemenation of its obligations under this Convention, shall assign the highest priority to ensuring the safety of people and to protecting the environment, and shall cooperate as appropriate with other States Parties in this regard Relations between the State Party and the Organization 4. In order to fulfill its obligation under this Convention, each State Party shall designate or establish a National Authority to serve as the national focal point for effective liaison with the Organization and other States Parties. Each State Party shall notify the Organization of its National Authority at the time that this.....

Securities Contracts (Regulation) Act, 1956 Complete Act

State: Central

Year: 1956

.....which, inter alia, are stated as under:" (i) A view was expressed before the Standing Committee that since under Section 30 of the Indian Contract Act, 1872, the contracts which are cash settled are classified as wagers and trading in wagers is null and void, the index future which are always cash settled would also be classified as wagers under the said Act. Due to this, no proceedings to enforce an index future contract either by an exchange against a defaulting broker or client against his broker would stand the legal scrutiny before the court of law. The Committee was, therefore, of the view that there was no harm in having an overriding provision as a matter of abundant caution. They, therefore, suggested the incorporation of the following provision in the Bill, namely: " "Notwithstanding anything contained in any other Act, contracts in derivatives as per this Act shall be legal and valid."; (ii) The Committee was convinced that stock exchanges which are presently working would be better equipped to undertake trading in derivatives in a sophisticated environment. They further observed that most of these exchanges have already been modernised having state-of- the-art.....