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<h1>Section 201 Amended: Tax Deduction Obligations Updated; Interest Rate Cut to 15% from 18% Since June 1, 2001.</h1> Section 201 of the Income-tax Act has been amended to include the phrase 'the whole or any part of the tax' in sub-sections (1) and (1A), effective from April 1, 1962. Additionally, in sub-section (1A), the interest rate has been revised from 'eighteen per cent.' to 'fifteen per cent.' effective from June 1, 2001. These amendments pertain to the obligations and consequences for parties that fail to deduct the required tax amounts.