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of <h1>Gift-tax Act Amended: Sections 32 and 33A Now Reflect Nine Percent Instead of Six Percent</h1> The Taxation Laws (Amendment) Act, 1967, modifies the Gift-tax Act, 1958, by amending sections 32 and 33A. It replaces the term 'six per cent.' with 'nine per cent.' This change reflects an increase in the percentage specified in the original Act.
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