REGISTERED No. D. 121 रजिस्ट्री सं ० डी० 221
भारत को राजपत्र The Gazette of India
असाधारण
EXTRAORDINARY
RAL SECRETARIASLIBRAR
भाग II-खण्ड 2
20
PART I- Section 2
प्राधिकार से प्रकाशित
GOVERNMENT ON
PUBLISHED BY AUTHORITY
सं० 19
मई विल्ली, सोमवार , मार्च 31 , 1969/ चैत्रा 10, 1891
No. 191 NEW DELHI, MONDAY, MARCH 31 , 1969 / CHAITRA 10, 1891
इस भाग में भिन्न पृष्ठ संख्या वी जाती है जिससे कि यह अलग संकलन के रूप में रक्षा आ सके ।
Separate paging is given to this Part in order that it may be filed as a separate compilation
LOK SABHA
The following Bill was introduced in Lok Sabha on the 31st March , 1969:-
BILL No. 27 OF 1969
A Bill further to amend the Estate Duty ( Distribution ) Act , 1969.
BE it enacted by Parliament in the Twentieth Year of the Republic of India as follows :-
1. ( 1 ) This Act may be called the Estate Duty (Distribution) Amend- ment Act , 1969.
Short title and Commence- ment.
(2) It shall be deemed to have come into force on the 1st day of April , 1969 .
9 of 1962
2. In the long title of the Estate Duty (Distribution) Act, 1962 (here- inafter referred to as the principal Act) , for the figures, letters and words "12th day of August , 1965 " , the figures , letters and words " 31st day of
Amend- ment of longtitle .
October, 1968" shall be substituted .
3. In section 3 of the principal Act ,--
Amend- ment of section3.
(i ) in sub - section ( 1) ,
(a) for the figures, letters and words " 1st day of April , 1966,",
(381) THE GAZETTE OF INDIA EXTRAORDINARY
38.2
[PART II
the figures , letters and words " 1st day of April , 1969. " shall be substituted;
(b) for the words " two per cent. " , the words " three per cent ." shall be substituted ;
(ii ) in sub - section ( 2) , for clause (b ) and the provisos occurring at the end of that clause , the following clause shall be substituted , namely: -
" ( b) the balance shall be distributed among the States as follows:-
State
Andhra Pradesh Assam Bihar Gujarat Haryana Jammu and Kashmir Kerala Madhya Pradesh Maharashtra Mysore Nagaland Orissa Punjab Rajasthan Tamil Nadu Urtar Pradesh West Bengal
Percentage
8-37 2.76 10.80 4-80 1'76 0.83 393 7-53 9.20 5.48 009 4'08 2.59 4.68 7-83 17.15 8.12.".
THE GAZETTE OF INDIA EXTRAORDINARY
383 Szc . 2 ]
STATEMENT OF OBJECTS AND REASONS
This Bill seeks to further amend the Estate Duty ( Distribution) Act , 1962, as amended by the Estate Duty ( Distribution) Amendment Act, 1965 , for the purpose of giving effect to the recommendations made by the Fifth Finance Commission for the distribution among the States of the net pro- ceeds of the estate duty on property other than agricultural land , except in so far as those proceeds represent the proceeds attributable to Union territories .
MORARJI DESAI .
NEW DELHI;
The 6th March , 1969 .
PRESIDENT'S RECOMMENDATION UNDER ARTICLES 117 AND 274 OF THE CONSTITUTION OF INDIA
[Copy of letter No. F.13 ( 15) -B 68 , dated the 6th March , 1969 from Shri Morarji Desai , Deputy Prime Minister and Minister of Finance to the Secretary , Lok Sabha. ]
The President having been informed of the subject matter of the proposed Bill to further amend the Estate Duty ( Distribution ) Act , 1962 , in pursuance of the principles of distribution formulated and the recom- mendations made by the Finance Commission in its Interim Report dated the 31st day of October , 1968 , recommends under article 117 (1 ) of the Constitution of India , read with article 274 ( 1 ) thereof, the introduction of the Estate Duty (Distribution) Amendment Bill , 1969 , in the Lok Sabha and also the consideration of the Bill .
S. L. SHAKDHER ,
Secretary .
PRINTED IN INDIA BY THE GENERAL MANAGER , GOVERNMENT OF INDIA PRESS .
NEW DELHI AND PUBLISHED BY THE MANAGER OF PUBLICATIONS , DELHI , 1969