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of <h1>Income-tax Act's Section 193 updated by Finance Act, 2018 to include 7.75% Savings Bonds alongside 8% Bonds.</h1> Section 193 of the Income-tax Act has been amended by the Finance Act, 2018. The amendment involves the insertion of the words, figures, and brackets 'or 7.75% Savings (Taxable) Bonds, 2018' into the proviso of clause (iv), following the existing mention of '8% Savings (Taxable) Bonds, 2003.' This change updates the section to include the 2018 bonds alongside the 2003 bonds within the specified provisions.
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