The Manipur Professions, Trades, Callings and Employments Taxation (Seventh Amendment) Act, 2000

1/2"“ActNo............... Date of Assent 2.78.13 “‘7’ Date of Publication “39,9137 2WD THEMANIPURPROFESSIONS,TRADES,CALLINGSANDEMPLOYMENTS TAXATION(SEVENTHAMENDMENT)EEC];2000. Ar AK "Aat. furthertoamendtheManipurProfessions,Trades,CallingsandEmploymentsTaxation Act}1981(Manipur:ActNo.5of1981). Be"rtenactedbytheLegislatureofManipurintheFifiy-firstYearoftheRepublicof Indiaasfollows:— Shorttitleandcommencement:- (1)ThisActmaybecalledtheManipurProfessions,Trades,Callingsand EmploymentsTaxation(SeventhAmendment)Act,2000‘ (2)ItshallcomeintoforceonsuchdateastheStateGovernmentmay,by notificationintheofficialGazette,appoint.

For the existing entries under the Schedule appended to the Manipur Professions, Trades, Callings and Employments Taxation Act, 1981, the following shall be substituted, namely :— A. SALARY AND WAGES EARNERS: Where the total gross annual income: i) Does not exceed Rs. 15,000/- Nil; ii) Exceeds Rs. 15,000/- but does not exceed Rs. 20,000/- Rs. 300/-; iii) Exceeds Rs. 20,000/- but does not exceed Rs. 30,000/- Rs. 450/-; iv) Exceeds Rs. 30,000/- but does not exceed Rs. 40,000/- Rs. 600/-; v) Exceeds Rs. 40,000/- but does not exceed Rs. 50,000/- Rs. 750/-; vi) Exceeds Rs. 50,000/- but does not exceed Rs. 60,000/- Rs. 900/-; vii) Exceeds Rs. 60,000/- but does not exceed Rs. 75,000/- Rs. 1,100/-; viii) Exceeds Rs. 75,000/- but does not exceed Rs. 1,00,000/- Rs. 1,600/-; ix) Exceeds Rs. 1,00,000/- but does not exceed Rs. 1,25,000/- Rs. 2,200/-; x) Exceeds Rs. 1,25,000/- onwards Rs. 2,500/-. B. i) Legal practitioners including solicitors and notaries public; ii) Medical practitioners including Medical consultant and dentists; iii) Technical and professional consultants including Architects, Engineers, Chartered Accountant Actuaries, Management Consultant and Tax consultants; iv) Chief Agents, Principal Agent, Special Agents, Insurance Agent and Surveyor or Loss Assessors registered or licensed under the Insurance Act, 1938 (4 of 1938): Where the standing in the profession of any of the persons mentioned above is: a) 3 years or less Rs. 1000/-; b) more than 3 years but less than 5 years Rs. 2,000/-; c) 5 years or more Rs. 2,500/-. C. Estate Agents or brokers including contractors Rs. 2,000/-. D. Directors (other than those nominated by the Govt.) of Companies registered under the Companies Act, 1956 Rs. 1,000/-. E. Dealers registered under the Manipur Sales Tax Act, 1990 Whose total turnover in any year according to the Act and Rules framed thereunder is: i) Less than Rs. 50,000/- Rs. 1,000/-; ii) Rs. 50,000/- to Rs. 1,00,000/- Rs. 1,500/-; iii) Above Rs. 1,00,000/- Rs. 2,000/-; iv) Above Rs. 10,00,000/- Rs. 2,500/-. F. Owners/lessors of Petrol/Diesels filling stations/service station and distributors/owners/lessors of LPG (Cooking) Gas Rs. 2,500/-. G. Where such person holds permit/permits for any taxies, three Wheelers, goods vehicles, trucks or buses: i) In respect of taxi or three wheelers/goods vehicle Rs. 1,000/-; ii) In respect of each truck or bus Rs. 1,000/-. H. Banking Companies as defined in the Banking Regulation Act, 1949: i) Scheduled Banks Rs. 2,000/-; ii) Other Banks Rs. 1,000/-. H. (second H) Companies registered under the Companies Act, 1956 and engaged in the Professions, Trades, or callings Rs. 2,000/-. I. Firms registered under the Indian Partnership Act, 1932 and engaged in Professions, Trades, Or Callings Rs. 1000/-. J. Mill owners of Rice/Atta/Flour/Oil Rs. 500/-. K. Individuals or Institutions conducting Chit Funds Rs. 500/-. L. Co-Operative Societies registered or deemed to be registered under the Manipur Co-Operative Societies Act, 1976, engaged in any Professions, Trades or Callings: (a) State Level Societies Rs. 250/-; (b) District Level Societies Rs. 125/-; (c) Panchayat Level Rs. 75/-. M. Persons other than those mentioned in any preceding entries, who are engaged in any Professions, Trades or Callings as the State Government may, from time to time, by notification under Section 3(1) of this Act, specify. Rate of tax shall be as may be fixed by notification but not exceeding Rs. 500/- per annum. NOTE: Where a person is covered by more than one entry in this Schedule, the highest rate or tax specified under any of those entries shall be applicable in his case.

Operative SocietiesAct,1976,engagedinanyProfessions, TradesorCallings: (a) State Level Societies Rs. 250/- (b) District Level Societies Rs. 125/- (c) Panchayat Level Rs. 75/- M. Persons other than those mentioned in any preceding Rate of tax shall entu'es, who are engaged in any Professions, Trades or be as may be fixed Callings as the State Government may, from time to _ by notification but time, by notification under Section 3(1) of this Act, not exceeding Rs. specify. 500/— per annum NOTE2-Whereapersoniscoveredbymorethanoneentry inthisSchedule,thehighestrateortaxspecified underanyofthoseentriesshallbeapplicablein hiscase. This Bill under the title,'The Manipur Professions, Trades,Callings and Employments Taxation (Seventh Amendment) 8111,2000 has been passed by the Manipur Legislative Assembly on July 26,2000. This is amoney Bill. \ Qfiem.7 (Dr.S.Ehananjoy) -Imphal— Speaker, Augustg/ F 2000. Manipur Legislative Assembly. IassenttothisBill. WW Imphal,(VedPrakashMarwah) August2.5,2000..GovernorofManipur.