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<h1>Tax Amendment Boosts Deduction Benefits for Domestic Companies Under Section 35B, Retroactively Increasing Multiplier to 1.5x</h1> The amendment modifies section 35B of the Income-tax Act, specifically addressing expenditure incurred by domestic companies with substantial public interest after February 28, 1973. The modification increases the multiplier from 1.33 times to 1.5 times, retroactively applying from April 1, 1973, effectively enhancing tax deduction benefits for qualifying companies.