Surcharge on income-tax increased; First Schedule amended to raise the applicable rate in specified entries. The First Schedule of the principal Act is amended to substitute the stated surcharge on income-tax rate in two locations: Part II, clause (b) under the heading 'Surcharge on income-tax', and Part III, Paragraph E under the same heading; the amendment consists solely of replacing the previously stated rate with a new rate in those entries.
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Surcharge on income-tax increased; First Schedule amended to raise the applicable rate in specified entries.
The First Schedule of the principal Act is amended to substitute the stated surcharge on income-tax rate in two locations: Part II, clause (b) under the heading "Surcharge on income-tax", and Part III, Paragraph E under the same heading; the amendment consists solely of replacing the previously stated rate with a new rate in those entries.
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