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<h1>Amendments to Finance Act 2001 Detailed in Ninth Schedule; Awaiting President's Assent for Implementation</h1> Clause 152 of the Finance Bill, 2012 proposes amendments to the Seventh Schedule of the Finance Act, 2001, which was previously updated by the Twelfth Schedule to the Finance Act, 2005. The specific changes are detailed in the Ninth Schedule. These amendments will become effective upon receiving the President's assent.