https://www.taxtmi.com/acts?id=9380 The executive power of the Union and of each State extends to carrying on any trade or business, to the acquisition, holding and disposal of property, and to making contracts for any purpose. That executive authority is subject to limitation by legislative competence: Union executive activity within a State is subject to State legislation where Parliament lacks legislative power on the matter, and State executive activity is subject to Parliament where the State Legislature lacks legislative power. en-us Mon, 20 Oct 2008 15:43:48 +0530 Fri, 25 Apr 2025 12:20:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=9380 The executive power of the Union and of each State extends to carrying on any trade or business, to the acquisition, holding and disposal of property, and to making contracts for any purpose. That executive authority is subject to limitation by legislative competence: Union executive activity within a State is subject to State legislation where Parliament lacks legislative power on the matter, and State executive activity is subject to Parliament where the State Legislature lacks legislative power. Act-Rules Indian Laws Mon, 20 Oct 2008 15:43:48 +0530 https://www.taxtmi.com/acts?id=9380