Amendment to Seventh Schedule updates Finance Act provisions through Ninth Schedule changes taking effect on presidential assent.

Clause 152 directs amendment of the Seventh Schedule to the Finance Act, 2001, as substituted by the Twelfth Schedule to the Finance Act, 2005, in the manner specified in the Ninth Schedule; the amendments take effect from the date the Bill receives the President's assent, with the Ninth Schedule providing the operative modifications.

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