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The Assam Finance Act, 1969

assam · 1969

The scanned source for this Act is imperfect — headings or section boundaries may be off. Verify against the official source.

  • S. 1Section establishes a Board of Trustees for Assam Finance Act, 1969, with government and employee representatives, and a banking expert nominee.
  • S. 2Section 2 of the Assam Finance Act, 1969, specifies rates of agricultural income tax for the year 1969.
  • S. 3The rates at wh ich the tax shall be
  • S. 4The Assam Finance Act, 1969 allows the State Government to create a Provident Fund Scheme for non-government school and college employees.
  • S. 5A Scheme framed under this Act may provide o~er;ttn of that any of its provisions shall com e into force with
  • S. 6The State Government may, by notification in the official Gazette, add to, amend or vary a Scheme framed under this Act
  • S. 7Section 7 mandates employers to collect, remit contributions, maintain records, and provide information to the Board of Trustees.
  • S. 8Section 8 empowers the State Government to appoint Ex-officio Inspectors for a scheme and defines their powers and jurisdiction.
  • S. 9Section 9 penalizes failure to make required contributions or provide false information by imposing fines, interest, or grant stoppage.
  • S. 10(1) The State Government may for the pur- make Rules
  • S. 1969(2) It extends to the State of Assam
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