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of <h1>Government Circular Details Tax Rates on Interest from Securities for Fiscal Year 1979-80, per Finance Act 1979.</h1> The circular issued by the Deputy Secretary to the Government of India outlines the applicable tax rates on interest from government securities for the fiscal year 1979-80, as prescribed by the Finance Act, 1979. It instructs all Accountants-General, Comptrollers, and related officers to disseminate this information to Treasury and Sub-Treasury Officers. This directive follows a previous circular and provides a draft for immediate issuance to ensure compliance with the updated tax deduction rates on government securities' interest post-March 31, 1979.
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