Monetary threshold increase alters contribution limits under the Unit Trust Act, raising specified investment ceilings effective on the amendments. Amendment increases specified monetary ceilings in section 32 of the Unit Trust of India Act, 1963 by substituting higher amounts in clause (b) and clause (ba) effective 1 April 1983, and by substituting higher amounts in section 32(2)(c) sub clauses (i) and (ii) effective 1 June 1982.
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Monetary threshold increase alters contribution limits under the Unit Trust Act, raising specified investment ceilings effective on the amendments.
Amendment increases specified monetary ceilings in section 32 of the Unit Trust of India Act, 1963 by substituting higher amounts in clause (b) and clause (ba) effective 1 April 1983, and by substituting higher amounts in section 32(2)(c) sub clauses (i) and (ii) effective 1 June 1982.
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