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of <h1>Income-tax Act updated: Minimum threshold for Section 194BB increased from 2,500 to 5,000 effective July 1, 2010.</h1> Section 194BB of the Income-tax Act has been amended by the Finance Act, 2010. The amendment involves substituting the words 'two thousand five hundred rupees' with 'five thousand rupees.' This change takes effect from July 1, 2010.
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