Section 137 of Finance Act 2018 [Section 137 of Finance Act 2018 deals with Amendment of section 1A and is covered in CHAPTER VIII MISCELLANEOUS] Amendment of section 1A 137. In section 1A of the President’s Emoluments and Pension Act, 1951 (30 of 1951) (hereafter referred to as the principal Act in this Part), for the words “one… Read More »
Section 135 of Finance Act 2018 [Section 135 of Finance Act 2018 deals with Amendment of section 17 of Act 2 of 1934 and is covered in CHAPTER VIII MISCELLANEOUS] PART II AMENDMENT TO THE RESERVE BANK OF INDIA A CT, 1934 Amendment of section 17 of Act 2 of 1934 135. In the Reserve Bank of India… Read More »
Section 136 of Finance Act 2018 [Section 136 of Finance Act 2018 deals with Commencement of this Part and is covered in CHAPTER VIII MISCELLANEOUS] PART III AMENDMENTS TO THE P RESIDENT’S EMOLUMENTS AND PENSION ACT , 1951 Commencement of this Part 136. Save as otherwise provided, the provisions of this Part shall come into force on the… Read More »
Section 134 of Finance Act 2018 [Section 134 of Finance Act 2018 deals with Insertion of new section and Schedule and is covered in CHAPTER VIII MISCELLANEOUS] Insertion of new section and Schedule 134. After section 15 of the principal Act, the following shall be inserted, namely:— “16. Repeal and savings.—(1) The Government Savings Certificates Act, 1959 (46 of… Read More »
Section 133 of Finance Act 2018 [Section 133 of Finance Act 2018 deals with Amendment of section 15 and is covered in CHAPTER VIII MISCELLANEOUS] Amendment of section 15 133. In section 15 of the principal Act, in sub-section (2),— (i) clause (a) shall be omitted; (ii) for clause (b), the following clause shall be substituted, namely:— ”… Read More »
Section 132 of Finance Act 2018 [Section 132 of Finance Act 2018 deals with Insertion of new section 14A and is covered in CHAPTER VIII MISCELLANEOUS] Insertion of new section 14A 132. After section 14 of the principal Act, the following section shall be inserted, namely:— “14A. Protection against attachment.—The amount standing to the credit of any depositor in… Read More »
Section 131 of Finance Act 2018 [Section 131 of Finance Act 2018 deals with Amendment of section 14 and is covered in CHAPTER VIII MISCELLANEOUS] Amendment of section 14 131. In section 14 of the principal Act, for the word “Government”, the words “Central Government” shall be substituted. Finance Act 2018 : Assented by President : Download Print… Read More »
Section 80D of Income-tax Act 1961 (as Amended by Finance Act 2018) Deduction in respect of health insurance premia. 80D. (1) In computing the total income of an assessee, being an individual or a Hindu undivided family, there shall be deducted such sum, as specified in sub-section (2) or sub-section (3), payment of which is made… Read More »
Section 130 of Finance Act 2018 [Section 130 of Finance Act 2018 deals with Omission of section 13 and is covered in CHAPTER VIII MISCELLANEOUS] Omission of section 13 130. Section 13 of the principal Act shall be omitted. Finance Act 2018 : Assented by President : Download Print Notification
Section 129 of Finance Act 2018 [Section 129 of Finance Act 2018 deals with Omission of heading and is covered in CHAPTER VIII MISCELLANEOUS] Omission of heading 129. After section 12A of the principal Act as so inserted, the heading shall be omitted. Finance Act 2018 : Assented by President : Download Print Notification