Category Archives: News

Section 169 of Finance Act 2018 : Amendment of section 29A

By | April 1, 2018

Section 169 of Finance Act 2018 [Section 169 of Finance Act 2018 deals with Amendment of section 29A and is covered in CHAPTER VIII MISCELLANEOUS] Amendment of section 29A 169. In section 29A of the principal Act, in the Explanation, in clause (II), for the words and figures “Companies Act, 1956” (1 of 1956), the words and figures “Companies Act,… Read More »

Section 168 of Finance Act 2018 : Amendment of section 16

By | April 1, 2018

Section 168 of Finance Act 2018 [Section 168 of Finance Act 2018 deals with Amendment of section 16 and is covered in CHAPTER VIII MISCELLANEOUS] Amendment of section 16 168. In section 16 of the principal Act, in sub-section (1), for the words and figures “the Foreign Exchange Regulation Act, 1973” (46 of 1973), the words and figures… Read More »

Section 166 of Finance Act 2018 : Amendment of section 6

By | April 1, 2018

Section 166 of Finance Act 2018 [Section 166 of Finance Act 2018 deals with Amendment of section 6 and is covered in CHAPTER VIII MISCELLANEOUS] Amendment of section 6 166. In section 6 of the principal Act,— (a) in sub-section (1),— (i) in clause (ca), the words “the Reserve Bank,” shall be omitted; (ii) in clause (d), for… Read More »

Section 165 of Finance Act 2018 : Amendment of section 5

By | April 1, 2018

Section 165 of Finance Act 2018 [Section 165 of Finance Act 2018 deals with Amendment of section 5 and is covered in CHAPTER VIII MISCELLANEOUS] Amendment of section 5 165. In section 5 of the principal Act, in sub-section (5), the words “, in consultation with the Reserve Bank, or the Reserve Bank,” shall be omitted. Finance Act… Read More »

Section 167 of Finance Act 2018 : Amendment of section 7

By | April 1, 2018

Section 167 of Finance Act 2018 [Section 167 of Finance Act 2018 deals with Amendment of section 7 and is covered in CHAPTER VIII MISCELLANEOUS] Amendment of section 7 167. In section 7 of the principal Act, in sub-sections (1), (3) and (4), the words “, in consultation with the Reserve Bank,” shall be omitted. Finance Act 2018… Read More »

Section 162 of Finance Act 2018 : Commencement of this Part

By | April 1, 2018

Section 162 of Finance Act 2018 [Section 162 of Finance Act 2018 deals with Commencement of this Part and is covered in CHAPTER VIII MISCELLANEOUS] PART IX AMENDMENTS TO THE NATIONAL HOUSING BANK ACT, 1987 Commencement of this Part 162. The provisions of this Part shall come into force on such date as the Central Government may, by… Read More »

Section 161 of Finance Act 2018 : Amendment of section 3 of Act 43 of 1982

By | April 1, 2018

Section 161 of Finance Act 2018 [Section 161 of Finance Act 2018 deals with Amendment of section 3 of Act 43 of 1982 and is covered in CHAPTER VIII MISCELLANEOUS] PART VIII AMENDMENT TO THE GOVERNORS (EMOLUMENTS, ALLOWANCES AND PRIVILEGES) ACT, 1982 Amendment of section 3 of Act 43 of 1982 161. In section 3 of the Governors… Read More »

Section 164 of Finance Act 2018 : Amendment of section 4

By | April 1, 2018

Section 164 of Finance Act 2018 [Section 164 of Finance Act 2018 deals with Amendment of section 4 and is covered in CHAPTER VIII MISCELLANEOUS] Amendment of section 4 164. In section 4 of the principal Act,— (a) in sub-section (1), for the proviso, the following proviso shall be substituted, namely:— “Provided that the Central Government may, by notification,… Read More »

Section 163 of Finance Act 2018 : Amendment of section 3

By | April 1, 2018

Section 163 of Finance Act 2018 [Section 163 of Finance Act 2018 deals with Amendment of section 3 and is covered in CHAPTER VIII MISCELLANEOUS] Amendment of section 3 163. In the National Housing Bank Act, 1987 (53 of 1987) (hereafter in this Part referred to as the principal Act), in section 3,— (a) in sub-section (3), for… Read More »