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Statutory Provisions

Home Acts & Rules Bill Bills FINANCE BILL, 2018 Chapters List Part I AMENDMENTS TO THE GOVERNMENT SAVINGS BANKS ACT, 1873 This

Clause 123 - Amendment of section 8 - FINANCE BILL, 2018

FINANCE BILL, 2018
Part I
AMENDMENTS TO THE GOVERNMENT SAVINGS BANKS ACT, 1873
  • Contents

123. Amendment of section 8.

In section 8 of the principal Act, for the words “three thousand rupees”, the words “the prescribed limit” shall be substituted

 



 

Notes on Clauses:

Clause 123 of the Bill seeks to amend section 8 of the Act which relates to exemption from payment of court fee on the probate or letters of administration. It is proposed to remove the limit of "three thousand rupees" in the said section so as to empower the Central Government to prescribe the limit for exemption from the payment of court fee.

 
 
 
 

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