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<h1>Amendment Raises Surtax Rate from 12% to 15% in Companies (Profits) Surtax Act, 1964, Effective October 1, 1984.</h1> Sections 7B to 7D of the Companies (Profits) Surtax Act, 1964, have been amended under the Taxation Laws (Amendment) Act, 1984. The amendment involves replacing the term 'twelve per cent.' with 'fifteen per cent.' throughout these sections. This change is effective from October 1, 1984.