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    <title>Instructions for deduction of tax at source from interest on securities during financial year 1970-71 at the rates specified in Part III of First Schedule to Finance Bill, 1970</title>
    <link>https://www.taxtmi.com/circulars?id=4458</link>
    <description>Tax deduction at source is required on interest on Government securities at prescribed rates that vary by payee class - residents, non-residents and companies - and by security type, except where a valid exemption or abatement certificate is produced. Pre-existing operative certificates remain effective; certificates issued after the effective date determine rates for the specified person; specified bonds and savings instruments and certain exempt institutional holders and resident individuals meeting declaration and holding thresholds are not subject to deduction. Tax rounding and consultation requirements apply.</description>
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    <pubDate>Tue, 16 Mar 1971 00:00:00 +0530</pubDate>
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      <title>Instructions for deduction of tax at source from interest on securities during financial year 1970-71 at the rates specified in Part III of First Schedule to Finance Bill, 1970</title>
      <link>https://www.taxtmi.com/circulars?id=4458</link>
      <description>Tax deduction at source is required on interest on Government securities at prescribed rates that vary by payee class - residents, non-residents and companies - and by security type, except where a valid exemption or abatement certificate is produced. Pre-existing operative certificates remain effective; certificates issued after the effective date determine rates for the specified person; specified bonds and savings instruments and certain exempt institutional holders and resident individuals meeting declaration and holding thresholds are not subject to deduction. Tax rounding and consultation requirements apply.</description>
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      <pubDate>Tue, 16 Mar 1971 00:00:00 +0530</pubDate>
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