Bare Act Search Results

Income Tax Act, 1961 Section 80C

Title: Deduction in Respect of Life Insurance Premia, Deferred Annuity, Contributions to Provident Fund, Subscription to Certain Equity Shares or Debentures, Etc.

State: Central

Year: 1961

.....finance for construction or purchase of houses in India for residential purposes which is eligible for deduction under clause (viii) of sub-section (1) of section 36, or (6) any company in which the public are substantially interested or any co-operative society, where such company or cooperative society is engaged in the business of financing the construction of houses, or (7) the assessees employer where such employer is an authority or a board or a corporation or any other body established or constituted under a Central or State Act, or (8) the assessees employer where such employer is a public company or a public sector company or a university established by law or a college affiliated to such university or a local authority or a co-operative society; or (d) stamp duty, registration fee and other expenses for the purpose of transfer of such house property to the assessee, but shall not include any payment towards or by way of (A) the admission fee, cost of share and initial deposit which a shareholder of a company or a member of a co-operative society has to pay for becoming such shareholder or member; or (B) the cost of any addition or alteration to,.....

Income Tax Act, 1961 Section 88

Title: Rebate on Life Insurance Premia, Contribution to Provident Fund, Etc.

State: Central

Year: 1961

.....year before allowing the deduction under section 16 ; and (b) is not less than ninety per cent of his gross total income, as defined in sub-section (5) of section 80B ; (ii) in the case of an individual or a Hindu undivided family, whose gross total income before giving effect to deductions under Chapter VIA, is more than one lakh fifty thousand rupees but does not exceed five lakh rupees, fifteen per cent of the aggregate of the sums referred to in sub-section (2) ; (iii) in the case of an individual or a Hindu undivided family, whose gross total income before giving effect to deductions under Chapter VIA, exceeds five lakh rupees, nil.] (2) The sums referred to in sub-section (1) shall be any sums paid or deposited in the previous year by the assessee 2[***] (i) to effect or to keep in force an insurance on the life of persons specified in sub-section (4) ; (ii) to effect or to keep in force a contract for a deferred annuity, not being an annuity plan referred to in clause (xiiia), on the life of persons specified in sub-section (4) : Provided that such contract does not contain a provision for the exercise by the insured of an option to receive a cash.....

Insurance Regulatory and Development Authority (Licensing of Corporate Agents) Regulations, 2002 Complete Act

State: Central

Year: 2002

.....help and cooperation to an insured in completion of all formalities and documentation in the event of a claim; (g) give due publicity to the fact that the corporate agent does not underwrite the risk or act as an insurer; (h) enter into service level agreements with the insurer in which the duties and responsibilities of both are defined. (2) Every corporate agent or a corporate insurance executive or a specified person shall also follow the code of conduct specified below: (i) every corporate agent/corporate insurance executive/specified person shall,- (a) identify himself and the insurance company of whom he is a representative; (b) disclose his licence/certificate to the prospect on demand; (c) disseminate the requisite information in respect of insurance products offered for sale by his insurer and take into account the needs of the prospect while recommending a specific insurance plan; (d) disclose the scales of commission in respect of the insurance product offered for sale, if asked by the prospect; (e) indicate the premium to be charged by the insurer for the insurance product offered for sale; (f) explain to the prospect the nature of information required in.....

Insurance Regulatory and Development Authority (Licensing of Insurance Agents) Regulations, 2000 Complete Act

State: Central

Year: 2000

.....in the form of a report (called "Insurance Agent's Confidential Report") along with every proposal submitted to the insurer, and any material fact that may adversely affect the underwriting decision of the insurer as regards acceptance of the proposal, by making all reasonable enquiries about the prospect; (h) inform promptly 'the prospect about the acceptance or rejection of the proposal by the insurer; (i) obtain the requisite documents at the time of filing the proposal form with the insurer; and other other documents. subsequently asked for by the insurer for completion of the proposal; (j) render necessary assistance to the policy- holders or claimants or beneficiaries in complying with the requirements for settlement of claims by the insurer; (k) advise every individual policy-holder to effect nomination or assignment or change of address or exercise of options, as the case may be, and offer necessary assistance in this behalf, wherever necessary; (ii) No insurance agent shall,- (a) solicit or procure insurance business without holding a valid licence; (b) induce the prospect to omit any material information in the proposal form; (c) induce the prospect to submit.....

Agricultural Income-tax Act, 1957 Section 5A

Title: Exemption in Respect of Insurance Premia, Contribution to Provident Fund Etc,.

State: Karnataka

Year: 1957

.....or on the life of the wife or husband or any child of the assessee; or (iii) as a contribution to any provident fund to which the Provident Fund Act, 1925 (Central Act 19 of 1925) applies; or (iv) as a contribution for participation in the Unit Linked Insurance Plan 1971 made under section 19 (1) (cc) of the Unit Trust of India Act, 1963 (Central Act 52 of 1963); or 25 (v) any sum deposited in a ten year account or fifteen year account under the Post Office Savings Bank (Cumulative Time Deposits) Rules, 1959, as amended from time to time; or 2 [(vi) as a subscription to the National Savings Certificate (VI Issue), the National Savings Certificate (VII Issue) and the National Savings Certificate (VIII Issue).] (b) where the assessee is a Hindu undivided family any sums paid in the previous year by the assessee out of its income chargeable to tax,-- (i) to effect or to keep in force an insurance on the life of any member of the family; or (ii) as a contribution to any provident fund referred to in sub-clause (iii) of the clause (a) where such contribution is to an account standing in the name of any member of the family; or (iii) any sums deposited in a ten year.....

Karnataka Town and Country Planning Act, 1961 Chapter 3

Title: Outline Development Plan

State: Karnataka

Year: 1961

.....approved by the StateGovernment or Central Government from the payment of fee specified undersub-section (1). Explanation:-For the purpose of this section and section18A "Infrastructure Project " means,- (a) road, bridge, air port,port, inland water ways and inland ports, rail system or any other publicfacility of a similar nature as may be notified by the State Government fromtime to time; (b) a highway project includinghousing or other activities being an integral part of that project; (c) water supply project,irrigation project, sanitation and sewerage system." (d) a tourism project with aninvestment of not less than Rupees one hundred crores as may be notified by theState Government from time to time] _______________________ 1. Substituted by Act 23 of 2004 w.e.f. 03.06.2004. 2.Inserted by Act 23 of 2004 w.e.f. 3.06.2004. Section 18A - Levy and collection of cess and surcharge 1 [18A. Levy and collection of cess and surcharge (1) Notwithstanding anything contained in thisAct, the Planning Authority may while granting permission for development ofland or building levy and collect from the owner of such land or building:- (i) acess for the purpose of.....

Karnataka Town and Country Planning Act, 1961 Chapter 4

Title: Comprehensive Development Plan

State: Karnataka

Year: 1961

.....stages by which the plan is to be carried out. (2) Thereport shall further contain a summary of the findings in the surveys carriedout under sub-section (2) of section 19, and give relevant information and datasupporting proposals in the plan and deal in detail with,- (a)acquisition of land for the purpose of implementing the plan, (b)plan, financial responsibility connected with the proposed improvements, and (c)the manner in which these responsibilities are proposed to be met. _____________________ 1. Substituted by Acts 17 of 1991 w.e.f.19.04.1991. Section 22 - Approval of comprehensive Development plan (1) On receipt of the comprehensive Development Plan and the report under sub-section (1) of section 19, or after such plan and report are prepared under sub-section (3) of section 19, the State Government shall have the plan and the report so received and prepared, examined by the Director. After making such modifications as may be advised by the Director, the State Government shall return the plan and the report to the Planning Authority through the Director and the Planning Authority shall thereupon publish, by notification, the plan and the report,.....

Karnataka Town and Country Planning Act, 1961 Complete Act

Title: Karnataka Town and Country Planning Act, 1961

State: Karnataka

Year: 1961

.....Sub-Division, inclusion of any area in a Local Planning Area Section 4B - Power to withdraw Local Planning Area from operation of this Act Section 4C - Constitution of Planning Authority Section 4D - Term of office and conditions of service of the Chairman and members of Planning Authorities Section 4E - Meetings of Planning Authorities Section 4F - Temporary association of persons with the Planning Authority for particular Purposes Section 4G - Staff of the Planning Authority Section 4H - Functions of the Member-Secretary of the Planning Authority Chapter 2 Section 5 - Date to be specified Section 6 - Preparation of a map showing present land use Section 7 - Application for correction of entries in map Section 8 - Entries in map conclusive evidence subject to orders under section 7 Chapter 3 Section 9 - Preparation of outline development plan Section 10 - Declaration of intention of making outline development plan Section 11 - Power of entry for carrying out surveys for preparing outline development plan Section 12 - Contents of outline development plan Section 13 - Approval of the outline development plan Section 14 - Enforcement of the outline.....

National Capital Region Planning Board Act, 1985 Chapter IV

Title: The Regional Plan

State: Central

Year: 1985

.....notice, the Regional Plan shall come into operation. (2) The publication of the Regional Plan, after previous publication, as required by section 12, shall be conclusive proof that the Regional Plan has been duly prepared. Section 14 - Modifications of the Regional Plan (1) The Board may, subject to the provisions of sub-section (2), make such modifications in the Regional Plan as finally prepared by it, as it may think fit, being modifications which, in its opinion, do not effect important alterations in the character of the Regional Plan and which do not relate to the extent of land uses or the standards of population density. (2) Before making any modifications in the finally prepared Regional Plan, the Board shall publish a notice, in such form and in such manner as may be prescribed, indicating therein the modifications which are proposed to be made in the finally prepared Regional Plan, and inviting objections and suggestions from any person with respect to the proposed modifications before such date as may be specified in the notice and shall consider all objections and suggestions that may be received by it on or before the date so specified. (3) Every.....

National Capital Region Planning Board Act, 1985 Chapter V

Title: Functional Plans Sub-regional Plans and Project Plans

State: Central

Year: 1985

.....date of receipt of such Plan, its observations with regard to the Sub-Regional Plan to the participating State or the Union Territory by which such Plan was referred to it. (3) The participating State, or, as the case may be, the Union Territory, shall after due consideration of the observations made by the Board, finalise the Sub-Regional Plan after ensuring that it is in conformity with the Regional Plan. Section 20 - Implementation of Sub-Regional Plans, etc Each participating State, or, as the case may be, the Union Territory shall be responsible for the implementation of the Sub-Regional Plan as finalised by it under sub-section (3) of Section 19 and Project Plan prepared by it.