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of <h1>Income-tax Act Section 193 amendment raises threshold for amounts subject to provisions from 5,000 to 10,000 rupees annually.</h1> Section 193 of the Income-tax Act is amended to include that the amount or aggregate of amounts exceeding ten thousand rupees during the financial year is subject to certain provisions. Additionally, in the proviso, clause (v), sub-clause (a), the threshold amount is increased from five thousand rupees to ten thousand rupees.
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