The Rajasthan Finance Act, 2022
The Rajasthan Finance Act, 2022
1. Short title
This Act may be called the Rajasthan Finance Act, 2022.
2. Declaration under section 3, Rajasthan Act No. 23 of 1958
In pursuance of section 3 of the Rajasthan Provisional Collection of Taxes Act, 1958 (Act No. 23 of 1958) it is hereby declared that it is expedient in the public interest that provisions of clauses 4, 5, 6, 7 and 8 of this Bill shall have immediate effect under the said Act.
3. Amendment of section 65, Rajasthan Act No. 14 of 1999
In sub-section (1) of section 65 of the Rajasthan Stamp Act, 1998 (Act No. 14 of 1999), hereinafter in this Chapter referred to as the principal Act,- (i) in the existing second proviso, for the existing expression "Provided further that", the expression "Provided also that" shall be substituted; and (ii) before the second proviso so amended, the following new proviso shall be inserted
4. Amendment of the Schedule, Rajasthan Act No. 14 of 1999
In the Schedule of the principal Act,- (i) in Article 17, the existing expression "or market value of the property, whichever is higher" appearing under Column No. 2, shall be deleted; and (ii) for the existing Article 35-B, the following shall be substituted contribution at the time of constitution of the limited liability partnership; (e) Where the limited liability partnership does not own any immovable property at the time of retirement of such partner. (6) In any other case. Five hundred rupees. Five hundred rupees.".
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