5
Relief from income-tax etc
Act: Apprenticeship Ordinance 1962
Section Provisions
THE APPRENTICESHIP ORDINANCE, 1962 THE APPRENTICESHIP ORDINANCE, 1962 ORDINANCE No. LVI OF 1962 [6th June, 1962] An Ordinance to make provision for promoting, developing and regulating systematic apprenticeship programmes in the in dustries and for securing certain minimum standards of skill. 5. Relief from income-tax etc.,---(1) Notwithstanding anything to the contrary con tained in the Income-tax Act, 1922, income-tax shall not be pay able by an employer in respect of any expenditure incurred by him on the operation of an apprenticeship programme in accor dance with the provisions of this Ordinance and the rules, XI of 1922. (2) Notwithstanding anything to the contrary contained in the Imports and Exports (Control) Act, 1950, or any rule or order made thereunder, the Central Government may, by order, make provision for the grant to the employers of licences for the import of such goods or articles as may in its opinion be required by the employers for operating apprenticeship pro grammes under this Ordinance, XXXIX of 1950.