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of <h1>Central Government Empowered to Establish Senior Citizens' Welfare Fund Rules Under Clause 151 of Finance Bill, 2015</h1> Clause 151 of the Finance Bill, 2015, authorizes the Central Government to formulate rules to implement the provisions of the Senior Citizens' Welfare Fund. These rules may address various aspects, including additional amounts, fund utilization, committee composition and administration, public notification of unclaimed amounts, and other necessary matters. Once formulated, these rules must be presented to both Houses of Parliament for a total of thirty days, during which modifications or annulments can be proposed. Any changes agreed upon by both Houses will affect the rules, but previous actions under the original rules remain valid.
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