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Introducing the βIn Favour Ofβ filter in Case Laws.
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<h1>Gift-tax Act, 1958: Section 23 amended to raise sub-section (4) amount from 125 to 200 rupees, effective June 1, 1981.</h1> Section 23 of the Gift-tax Act, 1958, is amended to increase the specified amount in sub-section (4) from 'one hundred and twenty-five rupees' to 'two hundred rupees.' This change takes effect starting June 1, 1981, as per the Finance Act, 1981.