Expenditure-tax levy charged under Expenditure-tax Act for financial years from the effective date, applying to individuals and HUFs. Expenditure-tax is imposed for financial years commencing on or after 1 April 1964 and is to be charged under the Expenditure-tax Act, 1957, notwithstanding section 13 of the Finance (No. 2) Act, 1962, with the levy applying to expenditure incurred by individuals and Hindu undivided families.