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of <h1>Finance Act 2002 amends Expenditure-tax Act 1987: Threshold for applicability raised to 3000 rupees per day effective July 2000.</h1> In the Expenditure-tax Act, 1987, section 3 has been amended by the Finance Act, 2002. The amendment changes the threshold for expenditure tax applicability from 'two thousand rupees or more per day per individual' to 'three thousand rupees or more per day.' This change is effective from July 1, 2000.
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