The Building and Other Construction Workers Welfare Cess Act, 1996
Bare Act
(1) There shall be levied and collected a cess for the purposes of the Building and Other Construction Workers (Regulation of Employment and Conditions of Service) Act, 1996 (27 of 1996), at such rate not exceeding two per cent. but not less than one per cent. of the cost of construction incurred by an employer, as the Central Government may, by notification in the… Read the complete text with KanoonGPT Pro.
Simplified Act
Simplified Explanation:
Charge of Cess:
(1) A tax called 'cess' will be charged to fund the Building and Other Construction Workers' welfare. This tax will be a small percentage of the total cost of construction, which can be up to 2% but not less than 1%. The exact… Read the complete text with KanoonGPT Pro.
