Finance Bill definition

Finance Bill means a Bill concerning all or any of the following subjects:
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Finance Bill means the bill ordinarily introduced in each year to give effect to the financial proposals of the government for the next following financial year, and includes a bill to give effect to supplementary financial proposals for any period. It is subjected to all the conditions applicable to a Money Bill. Unlike the appropriation bill, the amendments seeking to reject or reduce a tax can be moved in the case of finance bill.
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Finance Bill means the Revenue Bill annually introduced into Legislature and enacted;
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Examples of Finance Bill in a sentence

  • The Contractors attention is drawn to the Finance Bill of the year 2000/2001 on withholding tax on contractual payment section 35(7)(i)(ii) which became effective on 1st July 2000.

  • The Contractor attention is drawn to Finance Bill of 1993 where VAT was introduced in all contracts for construction services.

  • It is pertinent to note that pursuant to the Finance Bill, 2017, it has been proposed, that with effect from April 1, 2017, this exemption would only be available if the original acquisition of equity shares was chargeable to STT.

  • If it doesn’t, the statement is not a valid SDSCommentIn the Budget the government announced minor technical changes to improve the operation of the rules, in response to feedback from stakeholders, which will be legislated for in Finance Bill 2021.The government will make changes to the rules regarding provision of information by parties in the labour supply chain.

  • In Finance Bill 2017, section 10(38) was amended to provide that exemption under this section for income arising on transfer of equity share acquired on or after 1st day of October 2004 shall be available only if the acquisition of share is chargeable to Securities Transactions Tax (STT) under Chapter VII of the Finance (No 2) Act, 2004.

  • The Contractor attention is drawn to Finance Bill of 1993 where VATwas introduced in all contracts for construction services.

  • The Contractor attention is drawn to Finance Bill of 1993 where VAT was introduced in all contracts for constructionservices.ThetendererisalsodrawntoVATActCap476clause19(9).Thetenderermustallowfor VAT1.19asinstructedelsewhere.

  • The Finance Bill, 2013, has sought to clarify the tax position by stating that securitisation SPVs are not liable to pay income tax.

  • The Contractors attention is drawn to the Finance Bill of the year 2000/2001 on withholding tax on contractual paymentsection35(7)(i)(ii)whichbecameeffectiveon1stJuly2000.A3%withholdingtaxwillbeapplicableto allinterimpaymentsexceedingKshs forworkdoneinrespectofbuildingorcivilworks.The contractorshallallowforanycostsarisingresultingtherefrominthebuild-upofrates.

  • In Finance Bill 2017, Section 10(38) was amended to provide that exemption under this section for income arising on transfer of equity share acquired on or after 1st day of October 2004 shall be available only if the acquisition of share is chargeable to STT under Chapter VII of the Finance (No 2) Act, 2004.

Related to Finance Bill

  • HUD means the Secretary of Housing and Urban development, his delegates, successors, and assigns, and the officers and employees of the United States

  • Insurance premium finance company means a person engaged in the business of

  • USDA means the United States Department of Agriculture.

  • Collateral Management Fee means each of the Senior Management Fee, the Subordinated Management Fee and the Incentive Collateral Management Fee.

  • Finance Leases means any finance leases, to the extent the arrangement is or would have been treated as a finance or a capital lease in accordance with the Accounting Principles applicable on the First Issue Date (a lease which in the accounts of the Group is treated as an asset and a corresponding liability), and for the avoidance of doubt, any leases treated as operating leases under the Accounting Principles as applicable on the First Issue Date shall not, regardless of any subsequent changes or amendments of the Accounting Principles, be considered as a finance lease.