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Introducing the βIn Favour Ofβ filter in Case Laws.
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<h1>Finance Act 1989 Doubles Expenditure-tax Rate to 20% u/s 33, Effective June 1, 1989.</h1> Section 33 of the Finance Act, 1989, amends the Expenditure-tax Act, 1987, by altering the tax rate specified in section 4. The amendment changes the rate from 'ten per cent.' to 'twenty per cent.' This modification takes effect from June 1, 1989.