 the estate duty (distribution) bill,1962(to be introduced in lolt sabha)  the estate duty (distribution) bill, 1962(to be introduced in lolc sabha) a bill   liot ,':-to ptovide fot the distribution of the net ptoceeda of the lltate duttl among the states in putsuance of the principles of distribution formulated and the tecommendations made by the finance commisnon in its report, dated the 14th day of december, 1961 be it enacted by parli~ment in the thirteenth year of the republic of india as follows :-·t: 1 this act may be called thea estate duty (distribution) act, short title 1962 2 in this act,-defiaitioas 5 (a) "estate duty" means the estate duty levied under the estate duty act, 19!53 in respect of property other than agriculturalland; (b) "state" does not include a union territory 10 3 (1) during each financial year commencing on and after the dilltdbution 1st day of april, 1962, the net proceeds of estate duty levied and 001- ~!net,f":: lected during that financial year shall, after deducting therefrom a tate dutj sum equal to one per cent of the said proceeds as being attributable to :ta::!  to union territories, be distributed among the states in accordance with is the provisions of sub-section (2) (2) out of the total amount falling to be distributed in any financial year under sub-section (l) -' (0) the amount attributable to immovable property shall be distributed among the states in proportion to the gross value of the immovable property situated in the respective states as deter- 5 mined in respect of that financial year; (b) the ba1ance shall be distributed among the states as follows :-state percente andhra pradesh 8'34 10 allam 2'7s bihar 10'78 gujarat 4'78 jiidd11i and kashmir 0'83 kerala ' 3'92 madhya pradesh 7's1 is madras 7'80 maharaabtra , 9'16 myiore s'46 orissa ' 4'08 punjab, 4'71 rajasthan 4'67 uttar pradeah 17'10 weat bengal ' b'u (3) for the purposes of this section,-25 (0) "amount attributable to immovable property" means an amount which bears to the total ajnount distributable in any financial year under sub-section (1) the same proportion which the gross value of all immovable property situated in the states bears to the gross value of all property, movable and immovable, 30 so situated, as determined in respect of that financial year; (b) "gross value", in rel,tion to movable or immovable property, means the total value of all movable property or, as the case may be, of all immovable property, passing on the death of any person as determined by the con 'troller under the estate duty 35 act, 1953; 304 of 1953 (c) "immovable property" does not include agricultural land power to 4 (1) the central government may, by notification in the official i1iiiiae ruln, gazette, make rules providing for the manner in which the· gross value of property is to be calculated, for the time at which, and the 40 manner in which, any payments under this act are to be made, for the making of adjustments between one financial year and another and for any other incidental or anclllary matters (2) every rule made uader this section shall be laid as soon as may be after it is made, before each house of parliament while it is in session for a total period of thirty days which may be comprised in one session or in two successive sessions, and if, before the expiry of s the session in which it is so laid or the session immedif,tely following, both houses agree in making any modification in the rule or both houses agree that the rule should not be made, the rule shall thereafter have effect only in such modified form or be of no effect, as the case may be; so however that any such modification or annulment 10 shall be without prejudice to the validity of anything previously done under that rule s the estate duty (distribution) act, 1957, shall, as from the 1st" of 1957 day of april, 1962, stand repealed  statement of objects and reasonsunder article 269(2) of the constitution, the principles of distribution among the states of the taxes levied under that article have to -be fonnulated by parliament by' law accordingly, this bill seeks to lay down the principles of the distribution of the net proceeds of the estate duty on property other than agricultural land, except in so far as those proceeds represent the proceeds attributable to union territories, among the states, in accordance with the recommendations made by the third finance commiision, which have been accepted by government nbwdmm; momati desai 'l'lle 12th march, 1962 clause 4 of the bill empowers the central government to make rules in respect of certain matters specified therein they relate to the manner in which the gross value of property is to be calculated, the time at which and the manner in which any payments under this act are to be made, the making of adjustments between one financial year and another and other incidental or ancillary matters the matters in respect of which rules may be made are of a routine and administrative character 2 the delegation of legislative power is thui of a normal character a bill t,) provide for the distribution of the net proceeds of the estate duty among the states in pursuance of the principles of distribution formulated and the recommendations made by the finance commission in its report dated the 14th day of december, 1961 6 the president has, in pursuance of clau~ (i) of article ii7 and clause (1) of article 274 of the constitution of india, recommended to lok sabha the introduction of the bill m n kaul,: • secretary  (shri morarji desai, minister of finance) 