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of <h1>Govt Circular Details 1978-79 Tax Rates on Interest from Securities; Info for Treasury Officers via Finance Bill, 1978.</h1> The circular, issued by the Deputy Secretary to the Government of India, addresses the applicable tax rates on interest from government securities for the fiscal year 1978-79, as outlined in the Finance Bill, 1978. It references a previous circular from July 1977 and provides a draft circular letter detailing the rates of income tax and surcharge to be deducted post-March 31, 1978. The document instructs that this information be disseminated promptly to all Treasury and Sub-Treasury Officers under the jurisdiction of the addressed Comptrollers and Accountants General.
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