Continuance of existing income-tax rates preserves tax, customs and excise duty provisions for the financial year. The Finance Act, 1991 continues existing income-tax rates and preserves provisions relating to auxiliary duties of customs and special duties of excise for the financial year, and specifies that section 2 shall come into force on the first day of the financial year unless otherwise provided.
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Provisions expressly mentioned in the judgment/order text.
Continuance of existing income-tax rates preserves tax, customs and excise duty provisions for the financial year.
The Finance Act, 1991 continues existing income-tax rates and preserves provisions relating to auxiliary duties of customs and special duties of excise for the financial year, and specifies that section 2 shall come into force on the first day of the financial year unless otherwise provided.
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