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<h1>Finance Bill 2010: New Tax Rates, Charitable Purpose Amendments, Deductions, LLP Provisions, and Infrastructure Bond Incentives</h1> The Finance Bill, 2010 outlines the income tax rates and provisions for the assessment year 2010-2011. It specifies tax rates for various income categories, including salaries, and deductions at source. Amendments include changes to the definition of 'charitable purpose,' adjustments to depreciation and research expenditure deductions, and provisions for limited liability partnerships. The Bill also revises thresholds for tax deductions on winnings, rent, and professional fees, among others. Additionally, it introduces a new section for deductions related to long-term infrastructure bonds and amends procedures for tax assessments and settlements. These changes are set to take effect from various dates, primarily from April 2011.