1 LOK SABHA ‘THE FINANCE BILL, 2023 (As introduced in Lok Sabha) Notice of Amendments SMT. NIRMALA SITHARAMAN: Page 1, fr lines Gand 7, subtate- '@) Save as otherwise provided in this Act (2) sections 2to 122 shall came nfo ere onthe Ist day of April, 2025; (6) sections 123 o 1448 shall come nto ere on sich date as the Ceteal Government may, by ‘otfiation nthe OMTicial Gaze, appoint Page 6, in 1, ser List No.1 ~~ Ghanse No “vied ier at where alii fa parson Baga specif ind refered onl) of he planation oats (40) of set 10 ofthe Income Ac, nas iseme unde clause (2) of sub-section (I) of scien 1ISAD of the Income At the advance tx campeon ht part of eae shal ot be ners by any suhag” Page 2 aor le 1 sa — “Panda do Wal oe ae oF a spelod Rnd eo clase (6) ofthe Fsplanaion to ols (4D) of section 10 of te Income Act, whoo ince is caren to tx inde sb secon (1A) of ston IISBAC ad whee sch name neler ny tome ude clase (of sbseton (I) of estion IISA ftom ge Act he aad ax eid on hat par of | incre sal et be nresed by any surcharge = Faas 3, fer ise, wr “Preven cantied io is wbaocton sal apply in respect of income as specified in rb-acton (9), Caled on acme, feed i se) of b-ection (1) of sestnn IISAD of te lnsaneax Act, of pei find refered to incase (ofthe Blanton to clase (4D) of eton 10 of tha come ta At” Conuttoneconmeaelb Lok Sante moving fe recent ‘Te President as in pstnce of anes 1) md) of artle 17 and else (I) of lle 27 ie P.T.0.ease No, 3. Pe a ori a Ts (aw close (TA, wanes (i, ater he Fes ad Tatar 1948 te gues and letare “140A,” sel ‘6 | Page 25, fins 35 6 3, atin * Tress 4) lloniog laser sal ed Wik SES fom he day of Apel. 2024, namely portico fancil pods oe “ins managed or administered by ay pont ‘manager on etal of seh no-no 1) such sett cai ou by sch pon, 08 may be noite by the Cental Gnetamen the Offical Greate, in an ascomnt msinsoed wih an Ore Banking Unit ‘ny Itong Fascia Series Cent, a tered ai sb set (1A) of ston SOLA, othe xen seh inane scres or ses use lad andi ot deed occa or sri nda, Biplamrion Fer the pps of hs aus, polo mana” sal hae th sme mesting a wsigned on ‘lise (9) of subregulation (1) of epltion 2 of te Ineratind Fnmcil Services Centres Authority (Capital Matt tamed) Regulations, 2021, made under te lntrstion Finan Serves Cents Ahoy At, 20195 (4H0 ay income of = nee oF 8 Unit of an Incationl Fnac Servis Cane asf on sb Sean (IA) of section BOLA engaged pinay tn the basins of kising ofan aca, by way of capt sina ing fom the trnse of eyuty shies of domes ‘inpey, beng a Unit ofa International intl Services Cente a eked fo in sien (14) of section SOLA, ‘ng pinyin he asin oflxseafanarat which has comment opetion en or btve the lat dey at March 2006 Provided tat he provisos ofthis ase sal apply for LL wit eins sn fm te rst of ey stares fu P.T.0anes company a pve yar evan To] seen ea ling win the (period of ten ses yours begining with he ‘ses erent othe revins yor wih ‘se mest company has conse operations oe (© psi often assent jens begining withthe ‘essen yer commencing on he dy of Api 2124, wher the period erred nls) ed twee dy of Api 2034, Bsplaatin—For te purposes of th ase, “srt ‘meas aie or aber, oan engin of an era or alice, or any pa teen | Pee 30 ari, “Ge incase 37. nti opeing ag, Tete weed ea, ‘he words, brackets and figs "inet any sum ere ol clase ‘aio subsection 2 of ston 56” shal be utd wit fen the It yp, 2024 age 3, of Te 33, er “fa for suse OAR) te lawn clas cl De abana shal be deve to have bese subtiuad with effet fem that yo | ‘Api 190,eamety— “26AAA) in ease fan nid, beng Skies, ny income which aces o aie tiny (4) fan any source in th Site of Sik: oF (©) by may of dividend orn om secs. Explanation For the pupoos of is lave “Sitkinese™ stall (0) smite wins names recoded inthe unde he Sitkim Subjects Reulion, 1961 red with he Sikkim Subet Res, 1961 (hiner reed tas th “Regier Sian Subj, mmeintly fre the 26 dy Api 1070 (i anntvdul, whos amistad in the Registro Sikkim Subs by vitro te Govern’ oft Onl No, 2603054050, Lil PT.O.= SLNo. Namie of Member and text of Amendment [TC ata ie 7 Ag, 1990 Ode of even ner dane Bh Asi (991 0 i) ny oer indivi, whos ane does net apps in the Regis of Sikkim Subjects, bt itr etsed beyond dove at the nae ate nv thr oho patra grand hs “woe tom the se thr haben rsd in that eit or (o} any the indivi, wo nane does not ape te Regie of Sikkim Subjects fe iis etal ta uch van ‘asda in iki on or bere the 2th day af Api 1730 (0) aay ote nvidia, who wasnt danse in Skin 00 before he 26 ayo Api, 1975, bt i elabished beyond dob ‘bx such individ father or hab or patra grant {wot fom the sane father was dome in Skin ao beste 26h da of Api 1995, (afer oe (248), the lowing clas shal be inserted with effect. rom the et dy oF Api 2024, amy [ (iD ay Tome OF ai Fy Visa Fad Svcs Cntr, rimatilyengage inthe snes feng, of a aby way of dividend om «company being ‘it of any ternational Pian Serves Cate primary enengd ihe business sing ofan aera plana Forte popes of his hs, “nenationa Fini! Services Cote” sal fave the sme meaning, as asigned icin else () of section 2 ofthe Special ednomio Zanes Act 2005: [9 | awe. fr “la al sae ass aa” J] TO. | Page 31 af Tn rt 5 [any acme ining aag © Nana Cre Gamat Tie Company Limi, wing.» company esablahed sn wholly fnneed By the Cental Govsnment far the purser of operating rei ‘surance fied elated ard whlly aaced by the Cental Goverment o PTO.SENG. Name of Member and text of Amends ree G6 eal paates Tanda aT wad Why finance by the Cental Goverment and mange bythe ation CretGamantce Tastes Company Lid i) ede Grarniee Fund Trt fr Mico ad Sia Entries, bin rat reed by the Goverment na ‘and the Siall Industries: Derlopment Bont of lain ‘stablited under subsection (1) of seston 3 of the Sal Indses Develops Bako nda A, 1989 tim Fags 34, ine 73, Jor™ els (4 sabe, ase BG), naw asp Page 34 ne 39, Jor “Case Psi "Cas SEC) ose sy. Page 35, The 3 jor “Cass (6P, wat "Iaase EC) oF Sais sy. Fine 0, afer Te er — “(for clase (a he lowing aus sal be subtract (a) “oighn fnamess— a (4) undead or incorporate on eis ouside Ind, which Soles fants fom its eb fr vesting ifr the bene and Pe te lowing condition aunty (0 he fap sno pron es nad {i sean isa csitent osc or api etry with Which an agreement retard ton sub-scion (1) af secton 30 oy subseaon (1) of section 90K ha beco encod to or {ili o copra o repo n a counay or psig etal (Gi he fn ad its activities sat apa investor proton regulations inthe oun or seid tory whee ' xan rincporated i eset ad (Go) false ter condone may be pes (8) an invent veil in which Abw Dhabi ivesoent Authority is the dict or net soe shuholer or nit holder or bent g intrest ld aa atch nvoren veces abel pone aot iio dy or indict, byte Ab Dhabi tives Athy esha as may be aiid by the Cental Goverment bie} th Govenrot of Abs Dhabi \ PTO.ee _SENo. Name o? Member and text of Amendment Clause No. T(t ye Can Goverment ne OFT aaa | ‘hisbelalf objet tru indians as may be poe ‘ate TP a age 4, of ne Hae “(af ce the ting lass Wall hee cs Te “(x) any as of «capil ast, ing an erst i joint suc, hel by pbc wetr company in exchang of shares oe mmpny acronis Inia bythe Goverment fa fign Sts n econ with he of tht ign State. ‘planodon—For the puposesof this clase, “oi enue” shl ‘mena busines enti, as maybe nti by the Cental Govemmen fn totic Gace Page TT 16 ana ro TR Page, erie, ner cy "planation Fare renova of ae Ws hay Sra chee ofeqiston fait busine tt shal be ede dtl be deemed have aye ean reduced yay sum ese by aunt hdr rom he basses tt withrespet osach nie wich is ot ne naire of incomes refered tin clase (21) or uss (@3ECA) ofsestion 10 and which sme chargeable to a nicl {not subseton @) of son 56 and under sibseton (2) a sect ISUA Bipot 2—For the pposee of Bylanation ilar that were ansiton wafer of unis not considered arto unde tion 47 and cost of acquisition of sich is determin under ton 4, sum esived with eset och it Before sch acon ws well safer sich anton sal be rece oth ‘ot of quisition une thsi planation” 19. age, Ties 20 wae — a () afer bscton QAN, Bo fling subsection sal be iar rae "2AD Where the capital as, eng sar eet inca (4s) of tion 7, became he property of thease the eat of PTO.Clause, anion osha al be desma We ic wt of ealeton | — 'o ot the inrein he ot vent etre i nthe sd ans (ate sub-section, he following sb-uton sal be nid ihe fm he It dy Api, 2024, namely 0) Wher th cpita ase, bln 2B Pape 4, ne 3, fr "Maka Lined Dab, abe "sunt oF | ‘Specified Motul Ful nue or arth st dy of Api 2023 4 Make ike Debora" Pres 2 Un 5 fer “ae, mae "or wn] —g | Pi Ta 6 afar aa ar 7a a #] a re a "Bplenaton — Far the paps ofis eor— (“Maret Linked Debertre™ means a searty ty ‘baler name calle, which hat an undcyag pina sxnponet inthe frm fade ec and whew te rer ‘ke to mart reuns on ete undeing seine ‘aos ar inl ey sty laid or feud ss rk liked detente by the Secures nd Excange Bord or (0 "Spected Maal Fun” means & Mutual Fuad by hares rame called, whee nt mors tha tity fie prs fist proce saves in th egy share of deste sempanies Provided tha th percentage of sy sharcoling eld is ‘opet ofthe Speed Maul In! dal be emp ih ‘erence ote anal average of the diy clog igure” Pigs 1, aes 036 le a [2 aston ofthe Tome ae Aa, i el-elon j= (elas iby — (0 wie tet Ho the It ay of Ap, 2024, te words ing ‘este sal be omits Gd in'ke pronation, incase (a), are words ad fies “Seow and kage Co ofa Ac 192 ore 5 yp Inde the", the wors, Wachee an figures “Ttrational Pi. 0.| | (te clase (x, wih eet am he Ia y of Api, 2024, the ‘olen clases sal eet umely-— ‘xi any spected sum receved_by unit hole fom a Sexiness rs dig the pelos er, with eect oa uni ld ‘hi at anytime ding the previo yr xplanaion—Fo the purposes of isla, “ped sm stall be computed in secordnce withthe flowing fora, aly Specie sn-A-B.C (hich shal be deemed tobe ao sum Band Cis rater tn A), where ‘Acaggrgueof sum dtd by th business st with psc. tosh unit during previous year or dig any ei provi ror yar, sch unit oe. who hold sich mito the dae ‘¢dstbution fs ort anyother iol wo hl ach ‘vn at any timer tthe dat of sch ction, which > (not inthe mtr of income feed tin ease 23°C) oe ‘le (3PCA) of sein 10; and (4) ot chargeable Yo tx under sxbseeon (2) of scion 10a; ‘moun a which such un was sue bythe busines tr ane {C-wmount ge ta une isla in any cv previous om Page a afer ine, ar i, IA Tnsecon OCA of mar Ac nab san | ua" alr elms the olevieg ovis al beoered, ame — Provided th fr te ssasent yar commencing on af the It day of Api, 2023, the dation une i awe sal bone nied pct of sch ince BT.O.-q- _ SE No, Nan of Member and ext af Amendment” Glamor ae cag oa ‘inde sth-setin (1A) of ston IISA ae ttl ce (9) does nt exceed seven handed hasan’ rapes, the ‘sete shal be ented t's deduction, ttm de apouat inzmo-( compute bef allowing fer tJ ede | 1s Gimp) on his toa income with which hei eargste for ‘ny assesmee ye, of an amount eal oo nel pe cont fac income or an moun of wey thou pee, vcore se (6) exces sere handed hound raps and ke nce {ax psyabe an such ot income exces nd by whi ol cone in exes of seve unded hound ren, he ‘sso shall Be ned tow deduction fom the mown of Inaametx (computed before allowing the daltons vader ‘hisChapte on bist nome; oan mount ult the snd by ach he incometax payable on such ft ico sexes of fe amount by which the tol income exces seven baad howd rupees | Page 8 eri, ere [Smee 8A. Ta sean T1SA oe acon haa ‘ee | subsection (1). wih let fom telat éy of ‘Al 204,— (0 in clase (in ssl (A), the fotowing proviso shal be sean “Provided hat he mont of cane {ar cacuated on the. aneunt of locme by way of dividend reved from + unit in an lneratonl ini Serlees Cena efor {© in sabsection (1) of section SOLA, ‘al beten per eat :™ (in clase (bn sb cases A) and (©) the ward" the word went” shal be subst—do- “SLNo, Name of Member and text of Amendment 2] Pag. nS, wa aeons Th Bad ar Page 39, af ine = rae “1 T-S9A- ta eston 115 VP often A= (in epson (2, fer the proven, the folowing proviso shall” be inseed, monly rovided father hat 2 Unit of Intaratons| Focal Services Cente ich ins avid of deen under ‘seen AOLA tay make on apliaon tha thee ons om te dt which rch dein comes ter sscton (9), the lowing "vpn lb inetd suey — “Asplanaion For the popes of tis secon “Ifematonal Fatal Services Cenk sll have the same meaning 5 tsigeedtnita ese (@ of ston 2 oft Spell Enns Zones Act, 2008. 30 | Page , forTines 2 and 29, ba “i a ton 1 of he Taco x Ak nthe roi Tor case (othe ellen cle sal be sbi, ney — "(ey ites pablo. "brine sdf in elas (3A) of ton 2 in apa of any sents. by a special purpose ‘hice fer onthe lanai clause 23FC) of section 107 | age Fs Tan via tt the Fda Fay, B™ | — S| Page 7, ine fr Ta alae pa w $5] Page 75nd fay, OS™ 5 “BP i afin 15 ri(o,_Name of Member and text of Amendment =a Sa | HA Ta wcllon TALC othe Inne ax Ret wc] fiom he st day ay, 2003, (© stseton (1), afte the provi, the flowing Proviso aa nae ely *Mrvidd fer ht in case of income by way of lneret eet in clase (le) of sub-sption (2), the inne hl be decid the te sng )insubsetion 2) — (Din case (fr the wit “a he word tal he auttited: ( afercause (he lowing hse sa be inst, sel — Ge) in espet of money boone by it mn ‘oar outside by way of sue fay ng ‘eon band or pee dznominaed fond on o afer hott dy of aly, 2023, which sted ony om teongised sock etchangelovaed in an Tnrntional Fhacial Servers Coa; an acme | x Pigs 7 flint a sabre °D.T ean GAD ofalame tax KG () fsubvsctin (1), afer the fees ad let “1948, he fares al otees 548A," shal bese, @ Fete proviso te flowing roi shall Page 7, fl Tn 5a w “(i las a the words a of aia balk We pass Wa Wy cecur sal bmited” Pag 7 ini 1, for sa “HE ae 7 ari 25a Ey“SL No. Name of Mioniber and text of Amendment SS aaa ~Claase No [Fee] -90A in seticn 206C ofthe Tica Rath] ot | seton (1), the flowing pois ll be insted wih srt om he a dy of ily 2023, nay “Provided tt te rat of olin at suse de tis seston al at exceed vey pe cent" 39 | Pg Eline D6 a7, ae mT “BI ean HCA ot Ts Ai (i sb-eton 1), the lowing proviso sal bested with ft om hes ay 0 Dy, 2023, cel. “Provided tht the ate fication wt sure wr his ‘ston shal ot aco tenty pce insb-seaton (2), ete provi, th flowing provi sal bestia Wag aria 7. ar 7 Tew "IRSA. Tn he Custos Aa, Ta secon, in aban yf We | Aaa words sj the wads gues and eter “naj ote provisions | futon of section (Aan shal be ssid ° "SD, ier eton 6 ofthe Cas th Towing esto al | sia be nse mama: — Ce “<8. () Noi ming oe omy cnet in| OS, Actor the Cts Taff At 1975, he allowing provision sal with | Soul ea om ch dato as yb aie the Ctl Goverment opp | {o goods fy retion to which ay manufacturing process or thr | ee peti emt Sabai ae | ne (A) te dts ood, which are deposi nthe washowse shal | ston @, — (@) fe the words iy dye, Whe words “Say daa all be subse (0 te alving prov al be aa nay — ‘ot wits sity days ofthe service ote semen oder ance sub-seton (1), e may fai the same wii a tr soe of sity ys on pmyment of an aerate fof one une rupees for cach day of ely yea sity dys ofthe sere of thsi assed dr and in eas he cles valid "tum within such extended rid te said sextet de sal ‘dune to have een isa, bat the ability to pay inte tnd subsection (1) f ston 50 oto pay ate fo ne seston AT ll oats” | 137 For eaon 19 of te Ci Goods and Savio Tax Aa following son sal be sult, mare "Revie iat whats registred pron lt Ram valid |“15._11) The Govenmen cal one resotmendions othe Cou, by oaieaton, eth wi fc fam sich de as may be ped ‘teen, an Appelt Tribunal known asthe Goods mi Serves Ta ‘Appeloe ibs! for ering eppeals gis he odes psd by the ‘Apel Autry othe evisu Aunty (2) Tre json, powers and suri contre onthe Apple ‘inal abal be excise by the Pisa Ban an the State Benches | onthe sub-section (3) a section 4. (9) The Government hl by nti, consti Principal Bel ofthe Apple Tribunal at'New Debi which shll cont ofthe Prose Judicial Member,» Taal Member (Cente) ad Tesh Member Ste) (4) One reauest ofthe Sat, he Goverment may, by raion, const such numberof Sate Bench at ich paces and with such ston as my be eeommende bythe Cnn which salon ‘of wo aie! Meera Teena! Membr (Cente) and Tsim Menber St). (6) The Principal Bench the State Bench shall hear appeals ‘gaint the orders pased by the Appllate Authority othe Revisions Authority: Provide ht th ass in which any oe ofthe ses involved lates ‘othe peo supply, hl be ea ony by the Pic Dench (6) The President sal, fom ine ttn by a general or special ord, sida business ote Appin Tut among the Benches nd nay tanfer eases fa ne Bech onthe ( Tesnirost ul Meer within the Sate Benches, any be noi, sal acta the Vie-Presdent er such State Benches and shall exis sch powers ofthe resets may be presibed a for all other purpoes be conser as « Member, 2 (9) Areal here te taxa pt x ceived othe anon offing fr pny determine in any oder ape gaat, desma sxced fi a pecs an whi does at ine ay question of aw ‘hay, wt de apronal of th Psd, ake o such onions say bx preseribed on th ommendations ofthe Coun eed ‘ya single Member and inal ot erases, al be ha together by oe 2a Nembe ad ene Tet cl Mente ttepae "PTOSLNe. Se ‘Name of Member and text of Amendment (Oi ae hening te ev arb ifr a ii opinion onan Pintr points, sich Member al atthe point or point whichthey ies, a the Preset tal refer hese a eng (©) where the ape was gill ea by Member of Site Beno another Member of Stat Hench within he tte «where no sch ote Ste Betcha wii he Sat, ‘ba Member ofa Sate Bench nano Sate, (0) where the appeal was orignal hed by Memb of the Frincpal Bench, another Member the Prac! Beach herenosuch ther Member inva fo Mente of ny Stats eve, ‘sch point or pins sale died scoatng othe may pinion ‘nang the opinion ofthe Maer who st he the ase. (10) The Government way, in eonsetin withthe President, forthe ‘insta fficieney, taster Members fom one Bench a aba Bon Provided that Tecnica Member (tte) ofa State Bench may ‘teased to a Sate Bench only ofthe sane Stein whit he was ‘orignal pine, a consulaton with th State Governman (1) No ator proceedings of the Apps Tibunl shall be questions ‘oral te invalid merely 08 he rod ofthe enistonce of ny any defectin th eoustton of te Appia Tb." Cont ris or hs ben the Chit sie of a High Cou, (0) Jatin Meer, es ()hasbecrauige of the High Couto hs, or 8 cabin paid of tn yes, boo Ds age orn Aaaonal Distt Je, (9) Techical Meer (Cente), anes be iso hs boon & ‘meer of the Indian Revenue (Coos atl Inet Tues) Service, rap A, or of th ll ia Service with al eat he eas of experience in the admin ofan exiting ew [| 1346 or scion 110 of tie Gamal Gd and Servis Ta Aa | Ba followin sein sal be itd namely: ee “EIN (A prion al nb aid fo pinot Far (3) the Presiden, nls eas been a Judge of the Supreme | wae Sa PTO.‘ols ond senvess ato he Canal’ Govern a ‘oped tat went years af sevice Group As (a Techical Menor (Ste) uns he iso has been an ‘esr ofthe Site Goremnet oan offer ofthe All Inia Seve, not below the rank of Addanl Commissioner of Yale ‘Addl To the Ste goods an servis oxo uh ane et ‘owerthan hat oft First Appelt Author, ry be nti oy the eoncemed Ste Goventent onthe Sommevatos of the Coueil nd has completed weny-five years of service fn ‘Sroup A, ox equiva, with at east te yes of expren in ‘6 wdminstton of an existing wort goad and verve at rin he ido ance an tno in he Sate Gover Provied that the Stas Goverment msy, on the ‘scommendations of the Couns, by noite relax the ‘aiiement of completion of ny ve ears of seve i Gop ‘A, oF equivalent, in espct offers of nich Slate where no aon ha completed weave yews of servic in roe A | sui, bt has completed twenyfve yrs of servis in the ‘Goverment, subjet to sch condition, ad il such pei, ny be Specited in the nati, 2) The Preside, Jodical Member, Technical Member (Cente) and ‘Technical Member (Ste) sal he appointed or re-appointed by the Goverrent oa the recommendations of a Sein+cum Selection Commitee constiated under subst () Provan the event af th oscurens of sy acacy inthe ofc oft President by reason ofhis deat, resign or ters the il Mente rin saben the seni-nos Tecnica! Member of ‘the Pinal Ben shall ac athe President uti the don wha pow Prion ppointed in accordance with te provisions of this Ast il sich vam, en wom his fie * Provided ua tat wheretho Presi is unable to change bis fenations owing 4 asec, ines oF my othe ease, the Fac Meter on his abenee, the snirmet Technical Mob of te Principal Sench, all ichrg he fnction ofthe Presider wl te | daton wick te Presiden! emans his tis, (8) While making selection for Tecnica! Member (Ste) of «State Bench, fin prefrnce shal be ven offices wh ve wkd te Stale Government ofthe Stato which th uration of te Bench extends=e ‘SLNo, Name of Member and text of Amendment fo) The Search cun-Settion Coni for Teco’ ener (Ste) of State Bench sal coe of the flowing members namely © the Chief Josie of the High Cour in whose Jisdton the State Betsh ix Ioeaed, t0 be the (Chaipesn ofthe Comite, (i) the seniroe uci Member inthe Sa and hee no ial Ment is all, eke Jeo | the High Court i whose ariadton the Ste Bench s Tosa as may benoit bythe Cie Hie of uch High Gout i) Chet Secretary of the Sine in which te State Berchis eae 0) one Aditon Chit Secretary oF Pinipal ‘Secchi or Seewaryafthe Statin whic th Ste Bench |s loaed, as may be the nomined by suck Sine ovement, not ining of he Dpartient esponsibe for aiminiraion of Stata; nd (0) _ Adon chet Seer oe PeinsialSocrtary ‘& Soewry of the Deparment responsible fr ‘tvnistation of tate in, of the Sa which the Sate Dench lost — Mr Secretary end (©) the Savehcun-Selection Commitee for alter eases Sl consist ofthe flowing member, anely— the Chie asco of Inia o Dug of Supene Cat ‘ominate by hit beth Chipetion of te Commies, 1 | Srey of he Ca Covent rain by he Cabinet Secey — Meer, Ui) Cier eee a Stoo nomi by te Coun - =Menier, Ty) ne Memb, ho (A) incase ofapoinment ofa President ofa Tuna, shall be th cog Pesidnt th ibnal oe (@) incase of sppaininent ofa Member of Tbs, shal bee siting Present of he Tribunal: (©) _incasof te Prien ofthe Til kis appointment or whee the outing Presiden nave ‘orth remoral fhe Preset is Being oir shal bo rete Judge ofthe Supreme Couto rettal Chie| PTO,“SENo. Name of Member and text of Amendment See “Taso oF Figh Con nina by te Che Tote a Indi and (0) Secretary of te Depart of Reve ith Minis af Fane ofthe Cental Goverment — Mente Sceay. (6) The Chairperson hal have he ating ead the Member Secretary shal we have not i anything contained a ny jg, eer, court oF any law for the tine bung in fore te Contes eeammends pane avo names fc apointment or 'pointent to th pot fhe Preset ox Memb, she case maybe (2) No point oe appointment of the Ménbes of te Appetite Tribu shal be inal erly by reason of any vcaney det nthe ‘onstiton of he Seca Selection Connie: ing auything contind in any judgment, order, any cour ar any a for thin ing in fore ea the Pres dent andthe Members fhe Apple Tribal sal be such as may be rested and ths allowaes a theres nd onions of servic hl be the same as applcble to Cental Goverment offers caryingthe sae pay Foie thet sere slay and allowances northern and non of sevice ofthe President or Members of the Appellate ‘Tianal shal be vv tte advange ier hei appoininent Prov farther tithe resent Membr takes ous on| rant, he may be reinbused x ous ret big thn the howe ct llowane a re adisible «Cental Goverment fice olin the st caring the sme pa, sbjat tosh ation and eons ne ny be rosribed, (9) Notwithstanding anything contin tn any judgment, order, or Aecreofany court or any a the tine ing I force he President ofthe Apple Tribunal al ld fi orate of fue year fm the date on wich eer pon his fis, or nil ats te age of| siny-seven yas, whichever is caer and all be elgile fer v appoint or apt rtexceeng v0 yer, (10) Notwithstanding anjthing contin a any jeden, order, or ere of any court or any lw fr the tne eng be fore, the ail Mani, ecaia! Member (Cente) or Techical Member (Sate) of the on wbich he eres Upon is ies, or ul he tains he geo ave sears, hshever i ei adsl be lil far weapon fr a vio notexeedng tw years Clause No.‘i The Pisin or ay Mentar may, by nce wing wer Hr band lose he Goverment ig on his ffs Provided he Presidente Mabe sall one hol afce ‘tts epi of thce mont fom he eof receipt uh not by the Govemment or ul person dlysppoitd his sce ee pons oe or nl he expiry of hi erm a ce, whiheve the cate (12) The Govenment may, on he esarmedaton ofthe Sears Seton Commie, remove fom the of Preideat or Mester, ho 10) has bon audged an inset or (0) ha an once ofan fence which ives moe pit oF (hs tecone pystzaly or mentally incapable o sting at ‘ooh Preside’ or Menor (bs sou eh faci or terns ais ikely to epee his actions sch President or Merb (©) aso abuse is postion ao render his coninuacs in ‘ice pel othe pines oie ht the President the Menter sal ot eremoved on ay ofthe grounds specif in clauses (6) nl 0), less he fs Been nfrme ofthe charges agit mat bs been ven an ppt of ing hed, (1) The Goverment, an he reconmenitons of th Seuchsum- Sekton Comite, may suspend rom fy, the resident or ia for Teche Meme in eget of wham proceedings for eval hve been tied under sb-seton (12), (14) Suhest wo the provisions of ale 20 ofthe Constante President or adhe Members, em ceasing Bol thre shal no be et apr, stor pl ble the Pipl Bench ar the Ste Bench hie he was the Presidente, th ne may be, « Memb [The Pride sll exerci ach omni an ania | Powers ove the Apel Tribu os abe preset” 19D. For seion 11 ote rial Goals nd Servos Tat At SG fullovingseio albeit tel: ae sce anoo "SLNo. Nam of Member and text of Amendment Clause No. (@ ination (a th wd “Ss Delo ica Benches", the wore "Slate Benches” sal be subi: (Win sasectca (els aad forthe words “Sint Hench ot Arce Bere, the wowds “Site Benches sal seid 1S7F niin TH ofthe Cail Good and Servius Tax ha wb [Ramin | ston (in elms), forte woe ‘Natond Batch or Region! | oso Bench words “Prt Heel” lal e subst, "376: ton 119 ai Catal Gods and Seva Tax Ae —| Reset 1 Wr the words "National oF Regional Bench Te rds rina end ul be batted, We the words "Site Hench oF Arex BenehaP ie words Stat Dench © Page, af Te 10, a Ta “T44A-I-sction 13 ofthe ogited Goods nd Saves Tx a a] own section () sal be mtd. Son Gad al Sr Tk (Composant Was Het ‘44 inte Sede He Goods wd Svcs Tax (Copensiono | OT Shes) Act, 3017, pat (in seal ruber 1 the ety in est (4) ecu agaist ‘nite 21069020, the entry “iyane pr cet. of tal rier ui shal be beta, (in seal mar 2, fr the ety i comm (4) occuring against {Chapt 2th ey “Four hs eve nda ma ey ‘ut: perthouand skool nd nly por cet | afore ora combination trot, bt ot encoding far sand ‘one ed ae sevety rapes pr thousand chs pf hu at int per cen alr ohne pt ct rl le price pr ui” sl eesti (©) hefolowing plana hal be seed at the casey P.T.0.aaa “SENo. Name of Member and text of Amendment Clause No, i r= Fri pari a ia Sebel) (0 ea sl ic” means the matin price at whieh the coneoal goad in pckagd fom my be aki to eka conse ad nl tes, lc thers igh, uanoprt charges, commision pyable to dele, and all charger tomas ‘sveriscnet, delivery, poking, frvaring sa the Te and te ries the sole conten fr uch sale Provided at where he provision of the Lapa Mavology Act, 2009 edhe rales radetherender ray | #020. th nf the meng in fre eis to declare ‘ome packs te reall pce exclu sy ts, lccalor fers, theretalsale ice sal bcos scorn ween the poke fay enced goede more thin vere sale rie i declared the maximus of uch real ale prices hall be deemed tobe th eta le pris, (Gi wee the real sl rie, declared o the puke sy concemed goat th tine af i center theploe ofa, altered to erat the a sales, sto aed ere sl be dened tobothe eis rie; Gv) where dieret ral ale pesos are dete on rent package othe sae of any ciated goes inpctaged For indie aes, cach sch etal ae rice al be the retail sale price fr the purposes of detention ofthe mate of css for the sid gods inne to be ol inthe ent which the rt al piel’ RTO.—ay~ "SEN, Name of Member and text of Amendment “Clause. [age 6 ies 32 fr" day of Septet, OE, tea day | cof Mares, 2025". 's4 ig 96 alr ie 2th ow all sed an Teva ‘?MENDMENTS TO THE FINANCE (NO. 2} ACT, 2004 ‘sso TSS, Tt Fine (Ne An 200, aston 9 (892162004 Jin he Table, in srl amber 4 income ()— (© agin ey (a) i eta (0), eines nd words "O17 pr ext the gues end werd | 021 ps cea hl be btu and (@ again etry on ntarn (3), for he Hues fw! words "0.0 per cat” the figures and words 0.0125 per en stl be stint | Page 106 i 7, ea = 7 Pa 106 in 3, or, ate = ST YP 17 Te, ae a 52 | Page 17 ores 5 ae 26, ates = Ee SQW) on the incom By way of didnd, TO per eats ref inthe proviso to sls (A) of elas (0) of sub-section (1) of sein 18 (yn te Tate By way oF aoa tr | 20 parents tn the income refered to in abst oan | orate oie ae | Ope P.T.O.—25- “SLNo. Namie of Member and text of Amendment [Fae ino a a | Pa in TT a [Pie Tan or a a 3] a Tr ean ae Ba [Ton te wae 6 way a A Tope] ‘lee site pont wc a Shoe of abstention 38 way OT a ra thn te Tne sere in nan oo) ‘Trae wei ae SO . Page 1 | | |Past i ae ma _ fm Pa a a a a ‘G0. | Page TIT, fr lines 35 and 36, bie 3 Fi "Gill) on the income by way of dividend, [10 per cont ee eerie poi toca (ye hse ef satin (aon 38 Gx) cn the income by way of thn tine rere 6 in bion one ora ane orca cn | Fae 5: iw ter ier ae owas Fas tesa raed cre fro old eres seh PTO.ier 'SLNo, Namie of Member and text of Amendment Page 6 ie 17 ir 77 ate TH a a Page 0s Ta Fig? wtazae Fai] age, ae, a Ter TI SEVENTH SCHEDULE [See soxion126(0) In th Ft Sele othe Custos aif Ac Cape 90, (0 fot ery in clu 4) een st ti tn 9022 14 10, ho ent "5%" stl bette, {Gi ete ely in conn 4) nein sein aia 90221420, he ety 159 sal bested ‘Gif teen incolumn (4) osiring ogsnt tari em 90221490, hou 15%" sl bs subtle.” NEW DELI; UTPAL KUMAR SINGH Secretary General ‘Mareh 22, 2023, (Chaitea 1, 1945 Saka) 7