The Nagaland Profession, Trades, Calling & Employments Taxation (Amendment) Act, 1999
nagaland · 1999
The scanned source for this Act is imperfect — headings or section boundaries may be off. Verify against the official source.
- S. 1(i) Less than Rs 2000 Nil (ii) Rs 2000 or more, but less than Rs
- S. 2The section amends tax rates for specified professions in Nagaland, with specific rates for different classes and a provision for state-specified exceptions.
- S. 3Section amends the determination of tax under the act based on total gross annual income or profession status.
- S. 4Section amends the schedule to set new rates of tax for various professions, trades, callings, and employments in Nagaland.
- S. 5Owners of RiceIAtta Flourloil Mills Rs, 1501- per annum Rs
- S. 6Hholders ofpermits for transport vehicles Act
- S. 7Section 7 amends taxation laws for banking companies defined under the Banking Regulation Act, 1949.
- S. 8Section 8 exempts companies registered under the Companies Act, 1956 from Nagaland Profession, Trades, Calling & Employments Taxation.
- S. 9Section 9 exempts certain partnership firms from income tax but imposes a tax on others starting at Rs. 25,001 per annum.
- S. 1938Section sets different taxation rates for various professionals based on their years of experience.
- S. 1999Further to amend the Nagaland Professions, Trades, Calling and Employments Taxation Act, 1968