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State of West Bengal - Section

Section 97 in The Howrah Improvement Act, 1956

97. State Government to pay to the Board a share of the net proceeds of the terminal taxes assigned to it.

- The State Government shall pay to the Board every financial year, on such date or dates as may be fixed by notification, a share to be determined by the State Government, of the net proceeds of so much of the terminal taxes, if any, levied on goods or passengers carried by railway, sea or air, within the State of West Bengal and collected by the Government of India during the financial year next preceding as may be assigned to the State Government under article 269 of the Constitution of India.Loans.