Bihar finance act 1981 pdf files

The bihar hindu religious trusts amendment act, 1956. This is 17% higher than the revised estimates for 201617. State of bihar, the patna high court upheld the validity of section 453 of the bihar finance act, 1981, which required the assessee to pay 20% of the assessed tax before admission of appeal as such an amount was not exorbitant and does not impose any onerous or unreasonable condition on the right of appeal. Adb agreed to cofinance implementation of certain components of the road map in bihars four largest towns other than the state capital patna, i. Cca constitution amendment act cdp city development plan ce corporatized entity cfc central finance commission. Amendment in section 2 of the bihar value added tax act, 2005 act 27 of 2005. An act to consolidate and amend the law relating to the allowance of interest in certain cases. He also holds the finance and commercial tax department portfolio. Official website of egazette bihar, finance department, government of bihar, patna. How to file rti in revenue and land reforms department govt. Government of bihar finance commercial taxes department notification s. Bihar budget analysis 201718 the finance minister, mr.

Mar 12, 2014 leaf plates and cups and its corresponding entries of schedule iii of part 1 of the bihar value added tax act, 2005 act 27 of 2005 shall be deleted notification no. As far as levy of interest is concerned, apart from the fact that section 8 of the bihar entry tax act does not contemplate a provision for levy of interest, we may take note of the fact that section 8 of the entry tax act has been substituted and amended by the bihar finance act of 2015, namely act no. Oct 31, 2012 state of bihar, the patna high court upheld the validity of section 453 of the bihar finance act, 1981, which required the assessee to pay 20% of the assessed tax before admission of appeal as such an amount was not exorbitant and does not impose any onerous or unreasonable condition on the right of appeal. Engineering from bihar college of engineering, patna.

In exercise of the powers conferred by subsection 3 of section of the central sales tax act, 1956 74 of 1956, the government of jharkhand is pleased to make the following amendments in the departmental notification no. Government of bihar finance department economic survey 2010 11 february 2011. Page 1 bihar value added tax rules, 2005 24th march, 2005 s. Initially, no provision for the levy of surcharge and additional tax was made in. Finance commercial taxes department notification s. The nic, bihar centre took the task of developing software for the project of computerized system of registration.

The provision of provident fund rules keep on changing to meet the requirement of the time. Without any debate thereon but with 60 amendments, including 10 new provisions, the parliament passed it and on receiving the assent of the president of india on 10th september, 2004, it. Bihar entry of goods into local areas for consumption rules. This paper, thus, is an attempt to look at micro finance sector in bihar and challenges it faces. Apr 26, 2017 as far as levy of interest is concerned, apart from the fact that section 8 of the bihar entry tax act does not contemplate a provision for levy of interest, we may take note of the fact that section 8 of the entry tax act has been substituted and amended by the bihar finance act of 2015, namely act no. During 19902004 he was a member of the bihar legislative assembly for three terms. Amendment in the notification of the commercial taxes department. Good governance score e registration in bihar page 9 of 20 in bihar. Notwithstanding anything contained in this act, the state government, by notification to be published in the official gazette, may, subject to such rules as may be prescribed, declare any dues created under this act or the bihar finance act, 1981 bihar act 5 of 1981, as it stood before its repeal by section 94, as unrecoverable. Provident fund is said to be the backbone of every employee, employment of which has rules for provident fund. Draft of the bihar special consolidation bill i whereas the bihar consolidation of holding and prevention of fragmentation act. Click here to view full post with file download link.

Honorable sushil kumar modi is the deputy chief minster of bihar. Bihar is a landlocked state situated in the eastern most part of. The government of bihar repealed the bihar finance act, 1981 and enacted the bihar value added tax bvat act, 2005 with effect from 1 april 2005. Leaf plates and cups and its corresponding entries of schedule iii of part 1 of the bihar value added tax act, 2005 act 27 of 2005 shall be deleted notification no. He belongs to the 1981 batch of the indian administrative service i. Bihar conduct of examinations act, 1981 bihar consolidation of holdings and prevention of fragmentation amendment act, 1981 bihar consolidation of holdings and prevention of fragmentation act, 1956. State of jharkhand supreme court posted on march 22, 2017 by editor 1 comment v.

Amendments in bihar finance act, entry tax and vat youtube. Rti act right to information act rudseti rural development and self training institution sap special auxiliary police. Budget highlights the gross state domestic product of bihar for 201718 at current prices is estimated to be rs 6,32,180 crore. Notwithstanding anything contained in this act, the state government, by notification to be published in the official gazette, may, subject to such rules as may be prescribed, declare any dues created under this act or the bihar finance act, 1981 bihar act 5 of 1981. Government of bihar finance department economic survey 2010 11 february 2011 fcgkj ljdkj. Files produced to audit in the office of cct bihar revealed that. But urban growth is going to take place in states of u. As per section 5 of the said act, whenever revenue may be in arrears, it shall be lawful for the collector, or other officer empower by the collector in that behalf, to proceed to recover the arrear, together with.

This shall be in the form of additional income tax levied on fringe benefits provided or deemed to have been provided by an employer to his employees during the previous year. Bihar tax on entry of goods into local area for consumption, use or sale therein act, 1993. He has served in many districts of the state including samastipur. Bihar entry of goods into local areas for consumption act. The provision of provident fund rules keep on changing to meet the requirement of. The policy stipulated that such industrial units should have the registration certificate indicating that the unit was eligible to have the benefits of the policy. Abdul bari siddiqui presented the budget for bihar for financial year 201718 on february 27, 2017. The finance act 2005 has introduced a new tax called incometax on fringe benefits w. Name took office left office party 1 dr anugrah narayan sinha. Jharkhand gazette extraordinary, friday 26th june, 2015 5 annexurei government order no.

Conference speakers abdul latif jameel poverty action lab. We are providing rti filing services across india rti application form in bihar. Amendment of section 2 of the bihar value added tax act, 2005 act 27 of 2005. Provided further that the tax due under the bihar finance act, 1981 as it stood before its repeal by this act, from such category of registered dealers who, in respect of any year, have filed the returns required by the bihar finance act, 1981 as it stood before its repeal by this act and no assessment in respect of that year has been made. Sales of goods notified under section 85 of the act, subject to the restrictions in section 84 of the act. Section 23a of the bihar finance act, 1981 for short, the 1981 act and the purpose of framing the policy was industrial growth of the state. The small amount which keeps on trickling every month becomes sizeable and of immense for an employee to meet out various obligations and needs. The patna municipal extension of jurisdiction and taxation validating amendment act, 1956. Under provisions of the bihar finance act, 1981 read with rules made thereunder, no dealer who is liable to pay tax, shall sell or purchase goods unless he has a valid registration certificate. A team of departmental officers and officers of nic were also sent to study the system of computerized registration in different states. Read, highlight, and take notes, across web, tablet, and phone.