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<h1>Finance Act 1968 Amends Companies Surtax Act: Reduces 35% to 25% in Third Schedule, Effective April 1969</h1> The Finance Act of 1968 amends the Companies (Profits) Surtax Act, 1964, specifically in the Third Schedule. It removes the figure '1' that appears before the phrase 'On the amount by which' and replaces '35 per cent.' with '25 per cent.' This amendment is effective from April 1, 1969.