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
Section 128 of Finance Act 2018 [Section 128 of Finance Act 2018 deals with Insertion of new section 12A and is covered in CHAPTER VIII MISCELLANEOUS] Insertion of new section 12A 128. After section 12 of the principal Act, the following section shall be inserted, namely:— “12A. Operation of account by differently abled persons.—Any depositor who suffers from physical… Read More »
Section 127 of Finance Act 2018 [Section 127 of Finance Act 2018 deals with Amendment of section 12 and is covered in CHAPTER VIII MISCELLANEOUS] Amendment of section 12 127. In section 12 of the principal Act,— (i) for the word “Bank”, the words “Government Savings Bank” shall be substituted; (ii) for the words “any proper person”, the… Read More »