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    <title>Amendment of section 197A.</title>
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    <description>Amendment reduces the qualifying age for the no deduction provision so that a resident individual of sixty years or more who furnishes the prescribed written declaration stating tax on estimated total income will be nil is not subject to tax deduction at source under the specified withholding provisions; the substitution of sixty years for the earlier threshold takes effect from 1st July, 2012.</description>
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      <description>Amendment reduces the qualifying age for the no deduction provision so that a resident individual of sixty years or more who furnishes the prescribed written declaration stating tax on estimated total income will be nil is not subject to tax deduction at source under the specified withholding provisions; the substitution of sixty years for the earlier threshold takes effect from 1st July, 2012.</description>
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