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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Finance Bill 2008 amends Income-tax Act Section 115AD, increasing tax rate from 10% to 15% effective April 2009.</h1> Section 115AD of the Income-tax Act is amended in the Finance Bill, 2008. The amendment changes the rate specified in the proviso of sub-section (1) from 'ten per cent.' to 'fifteen per cent.' This change is set to take effect from April 1, 2009.
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