Bare Act Search Results

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 SECTION 34: AMENDMENT OF ACT 32 OF 1934 - [This Act is now repealed and replaced by the Customs Tariff Act, 1975-] SECTION 35: SPECIAL DUTIES OF CUSTOMS - [This section related to levy of special duties of custom under the Indian Tariff, Act which has not been repealed and replaced by the Customs Tariff Actl975(51 of l975).]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- [This section provided for the levy of regulatory duties of custom under the Indian Tariff Act, which now stands repealed and replaced by the Customs Tariff Act 1975 (51 of 1975).] SECTION 37: AMENDMENT OF ACT I OF 1949 - [This Act has been repealed and replaced by the Customs Tariff Act '1975 (51 of 1975).]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

Public Provident Fund Act, 1968 Section 2

Title: Definitions

State: Central

Year: 1968

In this Act, unless the context otherwise requires,-- (a) '"Fund" means the Public Provident Fund established under the Scheme; (b) "minor" means a person who is not deemed to have attained majority under the Indian Majority Act, 1875 (9 of 1875); (c) "Scheme" means the Public Provident Fund Scheme framed under sub-section (1) of section 3; (d) "subscriber" means an individual who makes subscription to the Fund under section 4 and where such subscription is made by an individual on behalf of a minor, of whom he is the guardian, such minor: (e) "year" means the financial year.

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.

Merchant Shipping (Radio Direction Finders) Rules, 1968 Complete Act

State: Central

Year: 1968

.....are at any port or place in India or within the territorial waters of India. (3) They shall come into force at once. Rule 2 Definitions In these rules (1) "Act" means the Merchant Shipping Act, 1958 (44 of 1958); (2) "existing installation" means (a) an installation wholly installed on board a ship before the 26th May, 1965; and (b) an installation part of which was installed on board a ship before the 26th May 1965 and the rest of which consists either of parts installed in replacement of identical part or parts which comply with the requirements of these rules; (3) "interference" means any radiation or any induction which endangers the functioning of a radio navigation service or obstructs, or repeatedly interrupts radio service operating in accordance with these rules; (4) "new installation" means any installation which is not an existing installation; (5) "radio inspector" means a person appointed as such under Sec. 10 of the Act; (6) "Schedule" means a Schedule to these rules; (7) in relation to classes of emission"Class A-1" means telegraphy by on-off keying without the use of a modulating audio frequency; "Class A-2" means telegraphy by the on-of f keying of an.....

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.....

Public Provident Fund Act, 1968 Complete Act

State: Central

Year: 1968

.....is not deemed to have attained majority under the Indian Majority Act, 1875 : (c) "Scheme" means the Public Provident Fund Scheme framed under sub-section (1) of section 3- : (d) "subscriber" means an individual who makes subscription to the Fund under section 4- and where such subscription is made by an individual on behalf of a minor, of whom he is the guardian, such minor; (e) "year" means the financial year. SECTION 03: PUBLIC PROVIDENT FUND SCHEME (1) The Central Government may, by notification in the Official Gazette, frame a scheme 2 to be called the Public Provident Fund Scheme for the establishment of a provident fund for the general public and there shall be established, as soon as may be after the framing of the Scheme, a Fund in accordance with the provisions of this Act and the Scheme. (2) Subject to the provisions of this Act, the Scheme may provide for all or any of the matters specified in the Schedule. (3) The Scheme shall have effect notwithstanding anything contained in any law for the time being in force other than this Act or in any instrument having effect by virtue of any law other than this Act. (4) The Central Government may, from time to time, by.....

State Agricultural Credit Corporations Act, 1968 Section 15

Title: Meetings of Board and Committees

State: Central

Year: 1968

.....any committee is unable to attend any meeting of the Board or the Committee, as the case may be, the members present at the meeting shall elect one of them to preside at the meeting. (4) If for any reason a director nominated under clause (a), clause (b) or clause (c) of section 9 is unable to attend any meeting of the Board or of any committee if he is a member thereof , the Government or the Reserve Bank by which such director was nominated may depute any other person to attend such meeting and person so deputed shall, for the purposes of the said meeting be deemed to be a director nominated under clause (a), clause (b) or clause (c), as the case may be , of the said section 9 or a member of the committee concerned. (5) All questions which may come up before any meeting of the Board or a committee shall be decided by a majority of votes of the members present, and in the event of an equality of votes, the Chairman of the Board of the Committee, as the case may be , or in his absence the person presiding, shall have a second or casting vote.

Civil Defence Act, 1968 Section 2

Title: Definitions

State: Central

Year: 1968

.....Defence Corps" means the Corps formed wholly or mainly to meet the needs of civil defence and includes an organisation deemed to be a Corps under the proviso to sub-section (1) of section 4; (c) "hostile attack" means any attack by any person or body of persons, whether during any war, external aggression, internal disturbance or otherwise which endangers the security of any life, property, place or thing in India or any part of the territory thereof; (d) "notification" means a notification published in the Official Gazette; (e) "personal service injury" has the meaning assigned to it in the Personal Injuries (Emergency Provisions) Act, 1962 (59 of 1962); (f) "State Government", in relation to a Union territory, means the Administrator of the Union territory. 1[(g) "disaster" means a disaster as defined in Clause (d) of section 2 of the Disaster Management Act, 2005(53 of 2005); (h) "disaster management" means the disaster management as defined in clause (e) of section 2 of the Disaster Management Act, 2005(53 of 2005).] _______________________________ 1. Inserted by the Civil Defence (Amendment) Act, 2009.