The Bombay Finance (Gujarat Amendment) Act, 1961

Short title and commencement.—(1) This Act may be called the Bombay Finance (Gujarat Amendment) Act, 1961.

1. (2) It shall come into force on such date as the State Government may, by notification in the Official Gazette, appoint.

Amendment of section 2 of Bom. XXV of 1932.—In section 2 of the Bombay Finance Act, 1932 (Bom. XXV of 1932), in its application to the State of Gujarat, in clause (4), for the words "the Gujarat Revenue Tribunal constituted under the Gujarat Revenue Tribunal Act, 1957" the words "the Gujarat Revenue Tribunal constituted under the Gujarat Revenue Tribunal Act, 1957 or any other law for the time being in force" shall be substituted.

Amendment of Section 7 of Bom.

Amendment of Section 12 of Bom. XXV of 1932 Amendment of Section 12 of Bom. XXV of 1932 In section 12 of the principal Act, in sub-section (1),—

1. (a) for the words "two annas" the words "thirteen naye paise" shall be substituted;
2. (b) for the words "one anna" the words "seven naye paise" shall be substituted.

Amendment of section 14 of Bom. XXV of 1932. — In section 14 of the principal Act, for the words "tax upon any profession, trade, calling or employment" the words "tax upon any profession, trade, calling or employment or in respect of any such person" shall be substituted.

Amendment of section 15 of Bom. XXV of 1932. — In section 15 of the principal Act, for the words "tax upon any profession, trade, calling or employment" the words "tax upon any profession, trade, calling or employment or in respect of any such person" shall be substituted.

Amendment of Section 24 of Bom. XXV of 1932. — In section 24 of the Bombay Finance Act, 1932 (Bom. XXV of 1932) (hereinafter referred to as "the principal Act"), for sub-section (1), the following shall be substituted, namely:—

1. (1) There shall be levied and collected a tax on the consumption of electrical energy at the rates specified in the Schedule hereto.

Amendment of Section 25 of Bom. XXV of 1932. — In section 25 of the principal Act, for the words "at the rates specified in the Schedule" the words "at the rates specified in the Schedule hereto" shall be substituted.

Amendment of First Schedule to Bom. XXV of 1932. In the First Schedule to the Bombay Finance Act, 1932 (Bom. XXV of 1932), in the entry relating to the tax on consumption of electricity—

1. (a) in clause (i), for the words "five naye paise" the words "ten naye paise" shall be substituted;
2. (b) in clause (ii), for the words "three naye paise" the words "six naye paise" shall be substituted.