Introducing the “In Favour Of” filter in Case Laws.
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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Income-tax Act Section 115S amended: Tax rate reduced from 2% to 1.5%, effective June 1, 2000.</h1> Section 115S of the Income-tax Act has been amended to change the tax rate from 'two per cent.' to 'one and one-half per cent.' This amendment is effective from June 1, 2000, as per the Finance Act, 2000.
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