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<h1>Amendment to Section 194D: Threshold for Income-tax Deduction Lowered from 20,000 to 15,000 Effective June 1, 2016.</h1> Section 194D of the Income-tax Act was amended by the Finance Act, 2016, specifically in the second proviso. The amendment involves substituting the words 'twenty thousand rupees' with 'fifteen thousand rupees,' effective from June 1, 2016. This change impacts the threshold amount specified in the section.