It also contained legislation intended to strengthen the existing tax antiavoidance measures, including adjustments to the terms of the general antiavoidance provision contained in s. Housing and economic recovery act of 2008 wikipedia. Section 1 information and inspection powers fa 2008 s 1. Meaning of economic stimulus act of 2008 as a finance term. Section 5 financial services act 2008 page 10 at 8 of 2008 c expressly or by implication indicates that that person, or another, is a permitted person or carries on a regulated activity in, from or in connection with the island, either on their own or anothers behalf or as an intermediary for another. Amendment of section 531 payments to subcontractors in certain industries of principal act. Please note that most acts are published in english and another south african official language. Daressalaam, byorderofgovernemnt thefinance act, 2008 arrangement of parts part title parti preliminary provisions partii amendment ofthecapitalmarketsand securitiesact,cap. An act to grant certain duties, to alter other duties, and to amend the law relating to the national debt and the public revenue, and to make further provision in connection with finance.
Any goods imported into sierra leon shall be subject to. Kenya gazette supplement acts, 2008 nairobi, 19th december, 2008 content act page the finance act, 2008 99 printed and published by the government printer, nairobi. Those changes will be listed when you open the content using the table of contents below. What does economic stimulus act of 2008 mean in finance. Assent 26th may, 2006 commencement 1st july, 2006 1. Chapter i preliminary short title and commencement. Definition of economic stimulus act of 2008 in the financial dictionary by free online english dictionary and encyclopedia. The taxation of nondomiciliaries after finance act 2008. The housing and economic recovery act of 2008 hera amended the federal housing enterprises financial.
Nov 16, 2016 relevant setoff, in relation to an individual, means any setoff that falls to be made against the individuals liabilities, other than any setoff under section of fa 2008. An act to give effect to the financial proposals of the central government for the financial year 20182019. Finance act 2008 chapter 9 contents part 1 charges, rates, allowances, reliefs etc income tax 1 charge and main rates for 2008 09 2 personal allowance for those aged under 65 3 personal allowances for those aged 65 and over 4 basic rate limit 5 abolition of starting and savings rates and creation of starting rate for savings corporation tax. Amendment of section 110 securitisation of principal act. Be it enacted by parliament in the sixtyfourth year of the republic of india as follows. Its formal description is a bill to grant certain duties, to alter other duties, and to amend the law relating to the national debt and the public revenue, and to make further provision in connection with finance.
See section 1 an act of parliament to amend the law relating to various taxes and duties and for matters incidental thereto enacted by the parliament of kenya, as follows part i preliminary short title and commencement. A22008law dated 26032008 20080326 kerala finance act, 2007 act 15 of 2007. Section 1 information and inspection powers 1 schedule 36 contains provision about the powers of officers of revenue and customs to obtain information and to inspect businesses. Act finance act finance act, 2011 8 of 2011 an act to give effect to the financial proposals of the central government for the financial year 20112012. Section 1 information and inspection powers fa 2008 s. Improvement of safety and soundness supervision sec. The financial panic of 2008 and financial regulatory reform. Economic stimulus act of 2008 financial definition of. The act applies to all the states and union territories of india unless specified otherwise. Act supplement 9thoctober, 2008 tothegazette ofthelniled republic oftanzania na.
The finance act is an important act in india and the central government, through this act, gives effect to financial proposals at the beginning of every financial year. Be it enacted by parliament in the sixtyfifth year of the republic of india as follows. The card act mandated that certain disclosures be included on monthly billing statements, including warnings related to late fees and the cost to the consumer of making only the minimum payment due. There are outstanding changes not yet made by the legislation. Through the powers granted to fhfa, created by the act, on september 7, 2008, fhfa director james b. In addition to the consumer loan act, what other laws do i have to comply with. Mar, 2008 act to provide for the imposition, repeal, remission, alteration and regulation of taxation, of stamp duties and of duties relating to excise and otherwise to make further provision in connection with finance including the regulation of customs. The following act of majliseshoora parliament received the assent of the president on the 26th june, 2008, and is hereby published for general information. Mfmaregulations and gazettesmunicipal asset transfer regulations gazette no. Amendment of schedule 26a donations to approved bodies, etc.
Housing finance reform federal housing finance regulatory reform act of 2008 title i. Card act report consumer financial protection bureau. Lockhart iii announced he had put fannie mae and freddie mac under the. The customs acts, is amended by the insertion immediately after section 9 thereof of the following. Amendment of finance act, 2005 section 94 of act 18 of 2005 schedule. Finance act 2008 chapter 9 contents part 1 charges, rates, allowances, reliefs etc income tax 1 charge and main rates for 200809 2 personal allowance for those aged under 65 3 personal allowances for those aged 65 and over 4 basic rate limit 5 abolition of starting and savings rates and creation of starting rate for savings corporation tax. Finance act 2008 indian bare acts india bare act law.
The income tax department never asks for your pin numbers, passwords or similar access information for credit cards, banks or other financial accounts through email the income tax department appeals to taxpayers not to respond to such emails and not to share information relating to their credit card, bank and other financial accounts. Chartered accountants act, 1949 as amended by the chartered accountants amendment act, 2011. Dec 24, 2008 act to provide for the imposition, repeal, remission, alteration and regulation of taxation, of stamp duties and of duties relating to excise and otherwise to make further provision in connection with finance including the regulation of customs. Finance act 2008 introduced new rules for the tax treatment of uk resident, nonuk domiciled taxpayers referred to in this note as nondoms. The act also established the federal housing finance agency fhfa out of the federal housing finance board fhfb and office of federal housing enterprise oversight ofheo. The act marks the greatest legislative change to us financial regulation since the explosion of financial legislation in the 1930s, which resulted in the federal deposit insurance act, the securities act of 1933, the glasssteagall act, the securities exchange act of 1934 and the investment company act of 1940, to name only the most important. Aug 22, 2008 mfmaregulations and gazettesmunicipal asset transfer regulations gazette no. Equalisation reserves for credit insurance and reinsurance. Finance act 2008 the finance act 2008, signed on march 2008, contained provisions for the introduction of the new vat on property regime. Enactment short title second session ninth parliament republic of trinidad and tobago republic of trinidad and tobago act no. Cost and works accountants act, 1959 as amended by the cost and works accountants amendment act, 2006.
Be it enacted by parliament in the sixtyninth year of the republic of india as follows. The finance act 2008 c 9 is an act of the parliament of the united kingdom which changes the united kingdoms tax law as announced in the budget on 12 march 2008 by chancellor of the exchequer alistair darling. Company secretaries act, 1980 as amended by the company secretaries amendment act, 2006. Be it enacted by parliament in the sixtysecond year of the republic of india as follows. Any changes that have already been made by the team appear in the content and are referenced with annotations. An act to continue the existing rates of incometax for the financial year 20142015. Unless otherwise provided, this act shall be deemed to have come into operation on the 1st january, 2008. Act to provide for the imposition, repeal, remission, alteration and regulation of taxation, of stamp duties and of duties relating to excise and otherwise to make further provision in connection with finance including the regulation of customs. Pension legislation introduced in the act includes. 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 became the finance no.
This act may he cited as the finance act, 2007 and short title and. The kerala appropriation vote on account act, 2008 notification no. The finance bill was published by the treasury on 27 march 2008 and became an act on 21 july 2008. Must my underwriting analysis of a borrowers residential mortgage loan application include a determination of the borrowers ability to repay the loan. Section page contents division one 1 incometax act, 1961 page u arrangement of sections i3 u text of the incometax act, 1961 as amended by the finance act, 2012 1. Text of remaining provisions of allied acts referred to in incometax act 1.
708 1567 463 1042 968 1 1425 1535 948 933 383 975 785 1168 987 855 1403 595 537 1157 444 1344 1321 656 706 46 815 1293 760 538 1108 430 725 396 1444 585 1418