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    <title>Amendment of section 115JB</title>
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    <description>Amendment revises the commencement date and raises the Minimum Alternate Tax rate in section 115JB by textual substitution: the prior statutory commencement is replaced by a later first day of the financial year, and the earlier percentage expressions in subsection (1) are substituted with the newly prescribed rate in both occurrences.</description>
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      <description>Amendment revises the commencement date and raises the Minimum Alternate Tax rate in section 115JB by textual substitution: the prior statutory commencement is replaced by a later first day of the financial year, and the earlier percentage expressions in subsection (1) are substituted with the newly prescribed rate in both occurrences.</description>
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