Bare Act Search Results

National Jute Board Act 2008 Chapter III

Title: Functions of the Board

State: Central

Year: 2008

.....or studies aimed at collection and formulation of statistics regarding raw jute and jute products; (xi) promote standardisation of jute manufactures; (xii) promote the development of production of jute manufactures by increasing the efficiency and productivity of the jute industry; (xiii) sponsor, assist, coordinate, encourage or undertake scientific, technological, economic and marketing research pertaining to the jute sector; (xiv) maintain and improve existing markets and to develop new markets within the country and outside for jute manufactures and to devise marketing strategies in consonance with the demand for such manufactures in the domestic and international markets; (xv) sponsor, assist, coordinate or encourage scientific, technological and economic research in the matters related to materials, equipment, methods of production, product development including discovery and development of new materials, equipment and methods and improvements in those already in use in the jute industry; (xvi) provide and create necessary infrastructural facilities and conditions conducive to the development of diversified jute products by way of assisting the.....

National Jute Board Act 2008 Section 5

Title: Functions of Board

State: Central

Year: 2008

.....or studies aimed at collection and formulation of statistics regarding raw jute and jute products; (xi) promote standardisation of jute manufactures; (xii) promote the development of production of jute manufactures by increasing the efficiency and productivity of the jute industry; (xiii) sponsor, assist, coordinate, encourage or undertake scientific, technological, economic and marketing research pertaining to the jute sector; (xiv) maintain and improve existing markets and to develop new markets within the country and outside for jute manufactures and to devise marketing strategies in consonance with the demand for such manufactures in the domestic and international markets; (xv) sponsor, assist, coordinate or encourage scientific, technological and economic research in the matters related to materials, equipment, methods of production, product development including discovery and development of new materials, equipment and methods and improvements in those already in use in the jute industry; (xvi) provide and create necessary infrastructural facilities and conditions conducive to the development of diversified jute products by way of assisting the.....

National Jute Board Act, 2008 Complete Act

State: Central

Year: 2008

.....1983); (e) "Jute" means the plants of jute, kenaf and mesta; (f) "jute manufacture" shall have the same meaning as assigned to it in the Jute Manufactures Cess Act, 1983; (28 of 1983); (g) "member" means a member of the Board and includes the Chairperson; (h) "prescribed" means prescribed by rules made under this Act; (i) "regulations" means regulations made by the Board under this Act; (j) "Society" means the National Centre for Jute Diversification, a society set up by the Central Government in the Ministry of Textiles and registered under the Societies Registration Act, 1860; (21 of 1860); (k) "year" means the year commencing on the 1st day of April and ending on the 31 st day of March next following. CHAPTER 2 : THE NATIONAL JUTE BOARD SECTION 3 : Constitution and incorporation of Board (1) With effect from the appointed day, the Central Government shall, by notification in the Official Gazette, constitute, for the purposes of this Act, a Board to be called the National Jute Board. (2) The Board shall be a body corporate by the name aforesaid, having perpetual succession and a common seal, with power to acquire, hold and dispose of property, both movable and.....

Information Technology (Amendment) Act 2008 Section 32

Title: Substitution of New Sections for Sections 66 and 67

State: Central

Year: 2008

.....either description for a term which may extend to seven years and also with fine which may extend to ten lakh rupees: Provided that provisions of section 67, section 67A and this section does not extend to any book, pamphlet, paper, writing, drawing, painting representation or figure in electronic form-- (i) the publication of which is proved to be justified as being for the public good on the ground that such book, pamphlet, paper, writing, drawing, painting representation or figure is in the interest of science, literature, art or learning or other objects of general concern; or (ii) which is kept or used for bona fide heritage or religious purpose's. Explanation.-- For the purposes of this section, "children" means a person who has not completed the age of 18 years. 67C. Preservation and retention of information by intermediaries.- (1) Intermediary shall preserve and retain such information as may be specified for such duration and in such manner and format as the Central Government may prescribe. (2) Any intermediary who intentionally or knowingly contravenes the provisions of sub-section (1) shall be punished with an imprisonment for a term which may extend to.....

Limited Liability Partnership Act 2008 Section 37

Title: Penalty for False Statement

State: Central

Year: 2008

If in any return, statement or other document required by or for the purposes of any of the provisions of this Act, any person makes a statement-- (a) which is false in any material particular, knowing it to be false; or (b) which omits any material fact knowing it to be material, he shall, save as otherwise expressly provided in this Act, be punishable with imprisonment for a term which may extend to two years, and shall also be liable to fine which may extend to five lakh rupees but which shall not be less than one lakh rupees.

Finance Act 2008 Section 49

Title: Amendment of Section 251

State: Central

Year: 2008

In section 251 of the Income -tax Act, in sub-section (1), after clause (a), the following clause shall be inserted, namely:-- "(aa) in an appeal against the order of assessment in respect of which the proceeding before the Settlement Commission abates under section 245HA, he may, after taking into consideration all the material and other information produced by the assessee before, or the results of the inquiry held or evidence recorded by, the Settlement Commission, in the course of the proceeding before it and such other material as may be brought on his record, confirm, reduce, enhance or annual the assessment;".

Finance Act 2008 Section 64

Title: Amendment of Section 23a

State: Central

Year: 2008

In section 23A of the Wealth-tax Act, after sub-section (9), the following subsection shall be inserted, namely:-- "(9A) In disposing of an appeal against the order of assessment, in respect of which the proceeding before the Settlement Commission abates under section 22HA, he may, after taking into consideration all the material and other information produced by the assessee before, or the results of the inquiry held or evidence recorded by, the Settlement Commission, in the course of the proceedings before it and such other material as may be brought on his record, confirm, reduce, enhance or annul the assessment.".

Finance Act, 2008 Complete Act

State: Central

Year: 2008

.....the meaning given by Article 2 of Council Regulation (EC) No. 1407/2002 (state aid to coal industry). (3) The production of coal includes the extraction of it. Excluded activities: producing steel 20C In paragraph 16(ic) "steel" means any of the steel products listed in Annex 1 to the Guidelines on national regional aid (2006/C 54/08), published in the Official Journal on 4 March 2006." (6) The amendments made by this section have effect in relation to options granted on or after the day on which this Act is passed. SECTION 34: Tax credits for certain foreign distributions: (1) Schedule 12 contains provision about tax credits for certain foreign distributions. (2) The amendments made by that Schedule have effect for the tax year 2008-09 and subsequent tax years. SECTION 35: Small companies relief: associated companies: (1) Section 13 of ICTA (small companies' relief) is amended as follows. (2) In the second sentence of subsection (4) (meaning of "control" for purposes of definition of "associated company"), insert at the end "except that, in the application of subsection (6) of that section in relation to the company ("the taxpayer company") and another company.....

Finance Act 2008 Chapter III

Title: Direct Taxes

State: Central

Year: 2008

.....such previous year or years preceding the previous year relevant to the assessment year under consideration shall be deemed to be the depreciation actually allowed under this Act for the purposes of this clause; and (c) the depreciation actually allowed under clause (b) shall be adjusted by the amount of depreciation attributable to such revaluation of the asset.". Section 13 - Amendment of section 44AB In section 44AB of the Income -tax Act, in the Explanation, in clause (if), for the figures, letters and words "31st day of October", the figures, letters and words "30th day of September" shall be substituted. Section 14 - Amendment of section 47 In section 47 of the Income-tax Act,-- (a) after clause (x), the following clause shall be inserted, namely:-- (xa) any transfer by way of conversion of bonds referred to in clause (a) of sub-section (1) of section 115AC into shares or debentures of any company;; (b) after clause (xv), the following clause shall be inserted, namely:-- (xvi) any transfer of a capital asset in a transaction of reverse mortgage under a scheme made and notified by the Central Government.. Section 15 - Amendment of section 49 In.....

Information Technology (Amendment) Act 2008 Section 37

Title: Insertion of New Section 72a

State: Central

Year: 2008

After section 72 of the principal Act, the following section shall be inserted, namely:-- "72 A. Punishment for disclosure of information in breach of lawful contract.-- Save as otherwise provided in this Act or any other law for the time being in force, any person including an intermediary who, while providing services under the terms of lawful contract, has secured access to any material containing personal information about another person, with the intent to cause or knowing that he is likely to cause wrongful loss or wrongful gain discloses, without the consent of the person concerned, or in breach of a lawful contract, such material to any other person, shall be punished with imprisonment for a term which may extend to three years, or with fine which may extend to five lakh rupees, or with both.".