Bare Act Search Results

Finance Act, 2007 Complete Act

State: Central

Year: 2007

.....in the Fifty-eighth Year of the Republic of India as follows- CHAPTER 1: PRELIMINARY: SECTION 1: Short title and commencement: (1) This Act may be called the Finance Act, 2007. (2) Save as otherwise provided in this Act, sections 2 to 93 shall be deemed to have come into force on the 1st day of April, 2007. CHAPTER 2: RATES OF INCOME-TAX: SECTION 2: Income-tax: (1) Subject to the provisions of sub-sections (2) and (3), for the assessment year commencing on the 1st day of April, 2007, income-tax shall be charged at the rates specified in Part I of the First Schedule and such tax as reduced by the rebate of income-tax calculated under Chapter VIII-A of the Income-tax Act, 1961(43 of 1961) (hereinafter referred to as the Income-tax Act) shall be increased by a surcharge for purposes of the Union calculated in each case in the manner provided therein. (2) In the cases to which Paragraph A of Part I of the First Schedule applies, where the assessee has, in the previous year, any net agricultural income exceeding five thousand rupees, in addition to total income, and the total income exceeds one lakh rupees, then,-- (a) the net agricultural income shall be taken.....

Finance Act 2007 Chapter V

Title: Service Tax

State: Central

Year: 2007

.....shall be substituted, namely:-- 'Explanation 2.--For the purposes of this sub-clause, "print media" means,-- (i) "newspaper" as defined in sub-section (1) of section 1 of the Press and Registration of Books Act, 1867(25 of 1867); (ii) "book" as defined in sub-section (1) of section 1 of the Press and Registration of Books Act, 1867(25 of 1867), but does not include business directories, yellow pages and trade catalogues which are primarily meant for commercial purposes;'; (h) after sub-clause (zzzw), the following sub-clauses shall be inserted, namely:-- '(zzzx) to any person, by the telegraph authority in relation to telecommunication service; (zzzy) to any person, by any other person in relation to mining of mineral, oil or gas; (zzzz) to any person, by any other person in relation to renting of immovable property for use in the course or furtherance of business or commerce. Explanation 1.--For the purposes of this sub-clause, "immovable property" includes-- (i) building and part of a building, and the land appurtenant thereto; (ii) land incidental to the use of such building or part of a building; (iii) the common or shared areas and facilities relating.....

Finance Act 2007 Section 135

Title: Amendment of Act 32 of 1994

State: Central

Year: 2007

.....shall be substituted, namely:-- 'Explanation 2.--For the purposes of this sub-clause, "print media" means,-- (i) "newspaper" as defined in sub-section (1) of section 1 of the Press and Registration of Books Act, 1867(25 of 1867); (ii) "book" as defined in sub-section (1) of section 1 of the Press and Registration of Books Act, 1867(25 of 1867), but does not include business directories, yellow pages and trade catalogues which are primarily meant for commercial purposes;'; (h) after sub-clause (zzzw), the following sub-clauses shall be inserted, namely:-- '(zzzx) to any person, by the telegraph authority in relation to telecommunication service; (zzzy) to any person, by any other person in relation to mining of mineral, oil or gas; (zzzz) to any person, by any other person in relation to renting of immovable property for use in the course or furtherance of business or commerce. Explanation 1.--For the purposes of this sub-clause, "immovable property" includes-- (i) building and part of a building, and the land appurtenant thereto; (ii) land incidental to the use of such building or part of a building; (iii) the common or shared areas and facilities relating.....

Sports Broadcasting Signals (Mandatory Sharing with Prasar Bharati) Act, 2007 Section 2

Title: Definitions

State: Central

Year: 2007

.....cable operators; (m) "Prasar Bharati" means the Corporation known as the Prasar Bharati (Broadcasting Corporation of India) established under sub-section (1) of section 3 of the Prasar Bharati (Broadcasting Corporation of India) Act, 1990(25 of 1990); (n) "prescribed" means prescribed by rules made under this Act; (o) "satellite television service" means a television broadcasting service provided by using a satellite, and received with or without the help of a local delivery system but does not include Direct-to-Home delivery service; (p) "satellite radio service" means a radio broadcasting service provided by using a satellite and directly receivable through receiver sets by multiple subscribers in India; (q) "service provider" means provider of a broadcasting service; (r) "specified" means specified under the Guidelines issued under section 5; (s) "sporting events of national importance" means such national or international sporting events, held in India or abroad, as may be notified by the Central Government in the Official Gazette to be of national importance; (t) "terrestrial television service" means a television broadcasting service provided over the air.....

Sports Broadcasting Signals (Mandatory Sharing with Prasar Bharati) Act, 2007 Chapter I

Title: Preliminary

State: Central

Year: 2007

.....cable operators; (m) "Prasar Bharati" means the Corporation known as the Prasar Bharati (Broadcasting Corporation of India) established under sub-section (1) of section 3 of the Prasar Bharati (Broadcasting Corporation of India) Act, 1990(25 of 1990); (n) "prescribed" means prescribed by rules made under this Act; (o) "satellite television service" means a television broadcasting service provided by using a satellite, and received with or without the help of a local delivery system but does not include Direct-to-Home delivery service; (p) "satellite radio service" means a radio broadcasting service provided by using a satellite and directly receivable through receiver sets by multiple subscribers in India; (q) "service provider" means provider of a broadcasting service; (r) "specified" means specified under the Guidelines issued under section 5; (s) "sporting events of national importance" means such national or international sporting events, held in India or abroad, as may be notified by the Central Government in the Official Gazette to be of national importance; (t) "terrestrial television service" means a television broadcasting service provided over the air.....

Aircraft (Amendment) Act 2007 Section 5

Title: Amendment of Section 5

State: Central

Year: 2007

In section 5 of the principal Act, (a) in sub-section (1), for the words "The Central Government", the words and figures "Subject to the provisions of section 14, the Central Government" shall be substituted; (b) in sub-section (2), (i) for clause (b), the following clauses shall be substituted, namely: "(b) the licensing, inspection and regulation of aerodromes, the conditions under which aerodromes may be maintained and the prohibition or regulation of the use of unlicensed aerodromes; (ba) the fees which may be charged at those aerodromes to which the Airports Authority of India Act, 1994(55 of 1994) does not apply or is not made applicable;"; (ii) after clause (g), the following clauses shall be inserted, namely: "(ga) the licensing of persons engaged in air traffic control; (gb) the certification, inspection and regulation of communication, navigation and surveillance or air traffic management facilities; (gc) the measures to safeguard civil aviation against acts of unlawful interference;".

Maintenance and Welfare of Parents and Senior Citizens Act 2007 Chapter V

Title: Protection of Like and Property of Senior Citizen

State: Central

Year: 2007

.....this Act applies and no injunction shall be granted by any Civil Court in respect of anything which is done or intended to be done by or under this Act. Section 28 - Protection of action taken in good faith No suit, prosecution or other legal proceeding shall lie against the Central Government, the State Governments or the local authority or any officer of the Government in respect of anything which is done in good faith or intended to be done in pursuance of this Act and any rules or orders made thereunder. Section 29 - Power to remove difficulties 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 appear to it to be necessary or expedient for removing the difficulty: Provided that no such order shall be made after the expiry of a period of two years from the date of the commencement of this Act. Section 30 - Power of Central Government to give directions The Central Government may give directions to State Governments as to the carrying into execution of the provisions of this Act. Section 31 -.....

Carriage by Road Act 2007 Section 5

Title: Suspension or Cancellation of Registration

State: Central

Year: 2007

.....competent to impose the penalty prescribed under section 194 of the Motor Vehicles Act, 1988(59 of 1988) on the common carrier, notwithstanding the fact that such penalty have been already imposed on and realised from the driver or the owner of the goods vehicle or the consignor, as the case may be. (4) Any action for revocation of certificate of registration shall not be taken under subsections (1) and (2) unless the holder of the certificate of registration is given an opportunity of being heard in the enquiry and reasons for such action are given in writing by the registering authority. (5) The registering authority in whose jurisdiction the main office of the common carrier is located shall be competent to take action under sub-sections (1) and (2) and any other registering authority who has noticed the violations or has received complaints under the said sub-sections, shall report such matter to the registering authority having jurisdiction over the main office. (6) When the certificate of registration is revoked, the holder of the certificate of registration shall surrender the certificate of registration to the registering authority within a period of thirty days.....

Finance Act 2007 Schedule V

Title: Fifth Schedule

State: Central

Year: 2007

THE FIFTH SCHEDULE (See section 134) In the First Schedule to the Central Excise Tariff Act, 1985,-- (1) in Chapter 24,-- (i) in tariff item 2402 2010, for the entry in column (4), the entry "Rs. 133 per thousand" shall be substituted; (ii) in tariff item 2402 20 20, for the entry in column (4), the entry "Rs. 441 per thousand" shall be substituted; (iii) in tariff item 2402 20 30, for the entry in column (4), the entry "Rs. 659 per thousand" shall be substituted; (iv) in tariff item 24022040, for the entry in column (4), the entry "Rs. 1,068 per thousand" shall be substituted; (v) in tariff item 2402 20 50, for the entry in column (4), the entry "Rs. 1,424 per thousand" shall be substituted; (vi) in tariff item 2402 20 90, for the entry in column (4), the entry "Rs. 1,748 per thousand" shall be substituted; (vii) in tariff item 2402 9010, for me entry in column (4), the entry "Rs. 1,058 per thousand" shall be substituted; (2) in Chapter 25, for entry in column (4) against all the tariff items of subheading 2523 29, the entry "Rs. 600 per tonne" shall be substituted; (3) in Chapter 54,-- (i) in tariff items 5407 10 15, 5407 10 25, 5407 10 35, 5407 10 45.....

Maintenance and Welfare of Parents and Senior Citizens Act 2007 Section 5

Title: Application for Maintenance

State: Central

Year: 2007

.....the time being in force. (2) The Tribunal may, during the pendency of the proceeding regarding monthly, allowance for the maintenance under this section, order such children or relative to make a monthly allowance for the interim maintenance of such senior citizen including parent and to pay the same to such senior citizen including parent as the Tribunal may from time to time direct. (3) On receipt of an application for maintenance under sub-section (1), after giving notice of the application to the children or relative and after giving the parties an opportunity of being heard, hold an inquiry for determining the amount of maintenance. (4) An application filed under sub-section (2) for the monthly allowance for the maintenance and expenses for proceeding shall be disposed of within ninety days from the date of the service of notice of the application to such person: Provided that the Tribunal may extend the said period, once for a maximum period of thirty days in exceptional circumstances for reasons to be recorded in writing. (5) An application for maintenance under sub-section (1) may be filed against one or more persons: Provided that such children or relative.....