Bare Act Search Results

Finance Act 1999 Chapter III

Title: Direct Taxes Income-tax

State: Central

Year: 1999

.....paid, the cost shall be taken as nil; (b) "specified security" means the securities as defined in clause (h) of section 2 of the Securities Contracts (Regulation) Act, 1956 (42 of 1956) and includes employees' stock option and sweat equity shares; (c) "sweat equity shares" means equity shares issued by a company to its employees or directors at a discount or for consideration other than cash for providing know-how or making available rights in the nature of intellectual property rights or value additions, by whatever name called; and (d) "value" means the difference between the fair market value and the cost for acquiring specified securities.'. Section 11 - Amendment Of Section 24 In section 24 of the Income-tax Act, in sub-section (2), after the proviso, the following proviso shall be inserted with effect from the 1st day of April, 2000, namely :- 'Provided further that where the property is acquired or constructed with capital borrowed on or after the 1st day of April, 1999 and such acquisition or construction is completed before the 1st day of April, 2001, the provisions of the first proviso shall have effect as if for the words "thirty thousand rupees", the.....

Finance Act, 1999 Complete Act

State: Central

Year: 1999

.....1999-2000 Be it enacted by Parliament in the Fiftieth Year of the Republic of India as follows: - SECTION 01: SHORT TITLE AND COMMENCEMENT (1) This Act may be called the Finance Act 1999. (2) Save as otherwise provided in this Act, Sections 2 to 99 [except clause (1) of Section 6] shall be deemed to have come into force on the 1st day of April, 1999. SECTION 02: INCOME TAX (1) Subject to the provisions of sub-sections (2) and (3), for the assessment year commencing on the 1st day of April, 1999, income tax shall be charged at the rates specified in Part I of the First Schedule. (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 six hundred rupees, in addition to total income, and the total income exceeds fifty thousand rupees, then,- (a) the net agricultural income shall be taken into account, in the manner provided in clause (b) [that is to say, as if the net agricultural income were comprised in the total income after the first fifty thousand rupees of the total income but without being liable to tax], only for the purpose of charging income tax in respect of the.....

The Maharashtra Rent Control Act, 1999 Complete Act

State: Maharashtra

Year: 1999

.....or continued under requisition under the Bombay Land Requisition Act, 1948; (11) "prescribed" means prescribed by rules; (12) "repealed Act" or "repealed Acts" means the Act, or Acts referred to in section 58. (13) "rules" means the rules made under this Act; (14) "standard rent", in relation to any premises means, (a) where the standard rent is fixed by the Court or, as the case may be, the Controller under the Bombay Rent Restriction Act, 1939, or the Bombay Rents, Hotel Rates and Lodging House Rates (Control) Act, 1944 or the Bombay Rents, Hotel and Lodging House Rates Control Act, 1947, or the Central Provinces and Berar Letting of Houses and Rent Control Order, 1949 issued under the Central Provinces and Berar Regulation of Letting of Accommodation Act, 1946, or the Hyderabad Houses (Rent, Eviction and Lease) Control Act, 1954, such rent plus an increase of 5 per cent, in the rent so fixed; or (b) where the standard rent or fair rent is not so fixed, then subject to the provisions of sections 6 and 8, (i) the rent at which the premises were let on the 1st day of October 1987; or (ii) where the premises were not let on the 1st day of October 1987, or the rent at.....

Geographical Indications of Goods (Registration and Protection) Act, 1999 Complete Act

State: Central

Year: 1999

.....expressions used and not defined in this Act but defined in the Trade Marks Act, 1999shall have the meanings respectively assigned to them in that Act. (3) In this Act, unless the context otherwise requires, any reference- (a) to the use of a geographical indication shall be construed as a reference to the use of a printed or other visual representation of the geographical indication; (b) to the use of a geographical indication in relation to goods shall be construed as a reference to the use of the geographical indication upon, or in any physical or in any other relation whatsoever, to such goods; (c) to a registered geographical indication shall be construed as including a reference to a geographical indication registered in the register; (d) to the Registrar shall be construed as including a reference to any officer when discharging the functions of the Registrar in pursuance of sub-section (2) of section 3-; (e) to the Geographical Indications Registry shall be construed as including a reference to any office of the Geographical Indications Registry. SECTION 03: REGISTRAR OF GEOGRAPHICAL INDICATIONS (1) The Controller-General of Patents, Designs and Trade Marks appointed.....

National Trust for Welfare of Persons with Autism, Cerebral Palsy, Mental Retradation and Multiple Disabilities Act, 1999 Complete Act

State: Central

Year: 1999

.....other officers and employees of the Trust shall be such as may be determined by regulations. SECTION 09: VACANCIES IN BOARD NOT TO INVALIDATE ACTS, ETC -No act or proceeding of the Board shall be called in question on the grounds merely of the existence of any vacancy in, or any defect in the constitution of, the Board. SECTION 10: OBJECTS OF TRUST -The objects of the Trust shall be- (a) to enable and empower persons with disability to live as independently and as fully as possible within and as close to the community to which they belong; (b) to strengthen facilities to provide support to persons with disability to live within their own families; (c) to extend support to registered organisations to provide need based services during the period of crisis in the family of persons with disability; (d) to deal with problems of persons with disability who do not have family support: (e) to promote measures for the care and protection of persons with disability in the event of death of their parent or guardian; (f) to evolve procedure for the appointment of guardians and trustees for persons with disability requiring such protection; (g) to facilitate the realisation of equal.....

Insurance Regulatory and Development Authority Act, 1999 Complete Act

State: Central

Year: 1999

.....thereto and further to amend the Insurance Act, 1938, the Life Insurance Corporation Act, 1956 and the General Insurance Business (Nationalisation) Act, 1972. Be it enacted by Parliament in the Fiftieth Year of the Republic of India as follows: STATEMENT OF OBJECTS AND REASONS 1. The insurance industry requires a high degree of regulation. The Insurance Act, 1938 provides for the institution of the Controller of Insurance to act as a strong and powerful supervisory and regulatory authority with powers to direct, advise, caution, prohibit, investigate, inspect, prosecute, search, seize, fine, amalgamate, authorise, register and liquidate insurance companies. However, after the nationalisation of the life insurance industry in 1956 and the general insurance industry in 1972, the role of the Controller of Insurance diminished in significance over a period of time. 2. In April, 1993, the Government set up a high-powered Committee headed by Shri R.N. Malhotra, former Governor, Reserve Bank of India, to examine the structure of the insurance industry and recommend changes to make it more efficient and competitive keeping in view the structural changes in other parts of the financial.....

The Punjab Municipal Act, 1999 Complete Act

State: Punjab

Year: 1999

.....means the Government of the State of Punjab; (27) "Hazardous process" means the hazardous process defined in Clause (cb) of section 2 of the Factories Act, 1948 (Act 63 of 1948); (28) "highly polluting industry" means such industry as the Government may, having regard to the nature of pollution caused by it, by notification, declare to be a highly polluting industry; (29) "Industrial Township" means the area specified as such under the first proviso to sub-section (1) of section 17 or under the first proviso to sub-section (1) of section 34 or under the first proviso to sub-section (1) of section 51, as the case may be; (30) "land" includes benefits to arise out of land, things attached to the earth or permanently fastened to anything attached to the earth and rights created by law over any street; (31) "Larger urban area" means a larger urban area specified as such under section 5; (32) "Local Authority" includes a Municipal Corporation, or a Municipal Council or a Nagar Panchayat constituted under this Act, a Gram Panchayat, a Panchayat Samiti and a Zila Parishad constituted as such under the Punjab Panchayati Raj Act, 1994 (Punjab Act 9 of 1994), and a Town Improvement.....

Finance Act 1999 Section 42

Title: Amendment of Section 80ddb

State: Central

Year: 1999

.....of a Hindu undivided family of the assessee and who is a senior citizen, the provisions of this section shall have effect as if for the words "forty thousand rupees", the words "sixty thousand rupees" had been substituted.'; (d) for the Explanation, the following Explanation shall be substituted, namely :- 'Explanation. - For the purposes of this section, - (i) "dependant" means a person who is not dependant for his support or maintenance on any person other than the assessee; (ii) "insurer" shall have the meaning assigned to it in clause (9) of section 2 of the Insurance Act, 1938 (4 of 1938); (iii) "senior citizen" means an individual resident in India who is of the age of sixty-five years or more at any time during the relevant previous year.'.

The Kerala Cooperative Societies (Amendment) Act, 1999 [1] Complete Act

State: Kerala

Year: 1999

THE KERALA CO-OPERATIVE SOCIETIES (AMENDMENT) ACT, 1999 [1] THE KERALA CO-OPERATIVE SOCIETIES (AMENDMENT) ACT, 1999 [1] (Act 1 of 2000) An Act further to amend the Kerala Co-operative Societies Act, 1969. Preamble. "WHEREAS it is expedient further to amend the Kerala Co-operative Societies Act, 1969 for the purposes hereinafter appearing; BE it enacted in the Fiftieth Year of the Republic of India as follows:" 1. Short title and commencement."(1) This Act may be called the Kerala Co-operative Societies (Amendment) Act, 1999. (2) Sections 13, 16, 17, 18 and 21 of this Act shall come into force on such dates as the Government may by notification in the Gazette appoint; and different dates may be appointed for different provisions of this Act, and the other provisions of this Act shall come into force at once. 2. Amendment of the preamble."In the Kerala Co-operative Societies Act, 1969 (21 of 1969) (hereinafter referred to as the principal Act), for the existing preamble, the following preamble shall be substituted, namely:" "Preamble. "WHEREAS with a view to provide for the orderly development of the co-operative sector in the State, by.....

The Kerala Infrastructure Investment Fund Act, 1999 Complete Act

State: Kerala

Year: 1999

THE KERALA INFRASTRUCTURE INVESTMENT FUND Act, 1999 THE KERALA INFRASTRUCTURE INVESTMENT FUND Act, 1999 (Act 4 Of 2000) [1] An Act to provide for the constitution of a fund for investments in the infrastructure projects in the State and for matters connected therewith or incidental thereto. Preamble. " Whereas it is expedient to constitute a fund for investments in the infrastructure projects in the State and for matters connected therewith or incidental thereto. be it enacted in the Fiftieth Year of the Republic of India as follows:" 1, Short title, extent and commencement. " (1) This Act may be called the Kerala Infrastructure Investment Fund Act, 1999. (a).It extends to the whole of the State of Kerala . (b). It shall be deemed to have come into force on the 11th day of November, 1999. 2. Definitions. " In this Act, unless the context otherwise requires, " (a). 'Board' means the Kerala Infrastructure Investment Fund Board constituted under section 4; (b). 'Financial assistance' means the types of assistance speci fied in the Scheme; (c). 'Fund' means the Kerala Infrastructure Investment Fund, established under section 3 and the scheme; (d). 'Fund Manager' means the.....