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Budget-2023 Tax Amendments


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Reserve_Bank_of_India_Act_1934

Section / Rule Number Content


46 Contribution by Central Government to the Reserve Fund
46A Contribution to National Rural Credit (Long Term Operations) Fund and National Rural Credit (Stabilisation) Fund
46B Omitted
46C National Industrial Credit (Long Term Operations) Fund
46D National Housing Credit (Long Term Operations) Fund
47 Allocation of surplus profits
48 Exemption of Bank from income-tax and super-tax
49 Publication of bank rate
50 Auditors
51 Appointment of special auditors by Government
52 Powers and duties of auditors
53 Returns
54 Rural Credit and Development
54A Delegation of powers
54AA Power of Bank to depute its employees to other institutions
55 Reports by the Bank
56 Power to require declaration as to ownership of registered shares
57 Liquidation of the Bank
58 Power of the Central Board to make regulations
58A Protection of action taken in good faith