Section135
The Finance Act, 2018

Amendment of section 17 of Act 2 of 1934

In force Act 13 of 2018 As on 11 Oct 2026

Act 13 of 2018 Ministry Finance

Section 135 of the Finance Act, 2018 deals with amendment of section 17 of Act 2 of 1934. PART II AMENDMENT TO THE RESERVE BANK OF INDIA A CT, 1934 Amendment of section 17 of Act 2 of 1934 135.

PART II

AMENDMENT TO THE RESERVE BANK OF INDIA A CT, 1934

Amendment of section 17 of Act 2 of 1934

135. In the Reserve Bank of India Act, 1934, in section 17, after clause (1), the following clause shall be inserted, namely:—

"(1A) The accepting of money as deposits, repayable with interest, from banks or any other person under the Standing Deposit Facility Scheme, as approved by the Central Board, from time to time, for the purposes of liquidity management;".

Section 135, The Finance Act, 2018 (Act 13 of 2018).

Cross-references

Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.

This section refers to

  1. s. 17 Amendment of section 47

Questions about Section 135

What does Section 135 of the Finance Act deal with?

Section 135 of the Finance Act is headed "Amendment of section 17 of Act 2 of 1934". PART II AMENDMENT TO THE RESERVE BANK OF INDIA A CT, 1934 Amendment of section 17 of Act 2 of 1934 135.

How do I find court cases under Section 135 of the Finance Act?

In judgments and charge sheets this section is written several ways, and each form finds a different set of orders. These search the full text of every order eCourtsIndia holds, best matches first: Finance Act 2018 135, section 135 Finance Act 2018, section 135 of the Finance Act. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.

What should I read with Section 135 of the Finance Act, and has it changed?

Its own text turns on section 17 (Amendment of section 47), so none of them can safely be read on its own.

When was the Finance Act enacted?

Finance Act was enacted in 2018 as Act 13 of 2018. India Code records no commencement date for it. It is in force as at the date shown on this page.

Other sections of this Act

Source and method. Compiled from the enactments of Parliament and of the State legislatures as published on India Code, and republished together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957. Structured, cross-referenced and maintained by eCourtsIndia. Harvested from the Income Tax Department's own portal at incometaxindia.gov.in, which publishes the Finance Acts section by section. India Code carries none of them: its Central community holds the Acts that stand as general law, and a Finance Act is an amending and rate-fixing instrument. This page is not a substitute for legal advice.