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          <h1>Indian Post Office Act Amended: Finance Act 2017 Updates Rate Provisions in Section 7; Sub-section (2) Omitted.</h1> Section 7 of the Indian Post Office Act, 1898, has been amended by the Finance Act, 2017. The amendment replaces the existing proviso in sub-section (1) with a new proviso stating that until a notification is issued, the rates specified in the First Schedule will be the applicable rates under the Act. Additionally, sub-section (2) has been omitted entirely.

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