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          <h1>Tax Reform Legislation Introduces Key Amendments to Direct Taxation Framework, Enhancing Revenue Collection and Legal Compliance</h1> The Direct Taxes (Amendment) Act, 1964 is a legislative enactment by the Parliament of India to modify existing direct tax laws. Passed in the fifteenth year of the Republic, the Act aims to amend certain provisions related to direct taxation. It was assented to by the President on October 6, 1964, and published for general public information, with the primary purpose of updating and refining tax regulations.

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