Category Archives: News

Section 150 of Finance Act 2018 : Amendment of section 23E

By | April 1, 2018

Section 150 of Finance Act 2018 [Section 150 of Finance Act 2018 deals with Amendment of section 23E and is covered in CHAPTER VIII MISCELLANEOUS] Amendment of section 23E 150. In section 23E of the principal Act, after the words “mutual fund”, the words “or real estate investment trust or infrastructure investment trust or alternative investment fund”, shall… Read More »

Section 148 of Finance Act 2018 : Amendment of section 23

By | April 1, 2018

Section 148 of Finance Act 2018 [Section 148 of Finance Act 2018 deals with Amendment of section 23 and is covered in CHAPTER VIII MISCELLANEOUS] Amendment of section 23 148. In section 23 of the principal Act, in sub-section (1), in the long line, after the words “Adjudicating officer”, the words “or the Securities and Exchange Board of… Read More »

Section 147 of Finance Act 2018 : Amendment of section 12A

By | April 1, 2018

Section 147 of Finance Act 2018 [Section 147 of Finance Act 2018 deals with Amendment of section 12A and is covered in CHAPTER VIII MISCELLANEOUS] Amendment of section 12A 147. In the Securities Contracts (Regulation) Act, 1956 (42 of 1956) (hereafter in this Part referred to as the principal Act), section 12A shall be numbered as sub-section (1)… Read More »

Section 146 of Finance Act 2018 : Commencement of this Part

By | April 1, 2018

Section 146 of Finance Act 2018 [Section 146 of Finance Act 2018 deals with Commencement of this Part and is covered in CHAPTER VIII MISCELLANEOUS] PART VI AMENDMENTS TO THE SECURITIES CONTRACTS (REGULATION) ACT, 1956 Commencement of this Part 146. The provisions of this Part shall come into force on such date as the Central Government may, by… Read More »

Section 115 of Finance Act 2018 : Amendment of short title

By | April 1, 2018

Section 115 of Finance Act 2018 [Section 115 of Finance Act 2018 deals with Amendment of short title and is covered in CHAPTER VIII MISCELLANEOUS] Amendment of short title 115. In the principal Act, in section 1, in the short title, for the word “Banks”, the word “Promotion” shall be substituted. Finance Act 2018 : Assented by President… Read More »

Section 116 of Finance Act 2018 : Substitution of words “Authorised Officer” for the word “Secretary” throughout Act

By | April 1, 2018

Section 116 of Finance Act 2018 [Section 116 of Finance Act 2018 deals with Substitution of words “Authorised Officer” for the word “Secretary” throughout Act and is covered in CHAPTER VIII MISCELLANEOUS] Substitution of words “Authorised Officer” for the word “Secretary” throughout Act 116. In the principal Act, for the word “Secretary”, wherever it occurs, the words “Authorised… Read More »

Section 114 of Finance Act 2018 : Substitution of long title to Act 5 of 1873

By | April 1, 2018

Section 114 of Finance Act 2018 [Section 114 of Finance Act 2018 deals with Substitution of long title to Act 5 of 1873 and is covered in CHAPTER VIII MISCELLANEOUS] Substitution of long title to Act 5 of 1873 114. In the Government Savings Banks Act, 1873 (hereafter in this Part referred to as the principal Act), for… Read More »

Section 113 of Finance Act 2018 : Commencement of this Part

By | April 1, 2018

Section 113 of Finance Act 2018 [Section 113 of Finance Act 2018 deals with Commencement of this Part and is covered in CHAPTER VIII MISCELLANEOUS] PART I AMENDMENTS TO THE GOVERNMENT SAVINGS BANKS ACT, 1873 Commencement of this Part 113. The provisions of this Part shall come into force on such date as the Central Government may, by… Read More »

Section 112 of Finance Act 2018 : Road and Infrastructure Cess on excisable goods

By | April 1, 2018

Section 112 of Finance Act 2018 [Section 112 of Finance Act 2018 deals with Road and Infrastructure Cess on excisable goods and is covered in CHAPTER VII ROAD AND INFRASTRUCTURE CESS] Road and Infrastructure Cess on excisable goods 112 . (1) There shall be levied and collected, in accordance with the provisions of this Chapter, for the purposes… Read More »

Section 111 of Finance Act 2018 : Road and Infrastructure Cess on imported goods

By | April 1, 2018

Section 111 of Finance Act 2018 [Section 111 of Finance Act 2018 deals with Road and Infrastructure Cess on imported goods and is covered in CHAPTER VII ROAD AND INFRASTRUCTURE CESS] Road and Infrastructure Cess on imported goods 111 . (1) There shall be levied and collected, in accordance with the provisions of this Chapter, for the purposes… Read More »