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of <h1>Finance Bill 2017 amends Indian Post Office Act, 1898: Section 7 changes inland postage rate rules.</h1> Clauses 131 and 132 of the Finance Bill, 2017 propose amendments to the Indian Post Office Act, 1898, specifically targeting section 7, which deals with the Central Government's power to set inland postage rates. The amendments stipulate that until the government issues a notification in the Official Gazette to fix new postage rates, the rates in the First Schedule will apply. Additionally, sub-section (2) of section 7, deemed consequential, is proposed to be omitted. These changes are scheduled to take effect on April 1, 2017.
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