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    <title>Amendment of section 100.</title>
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    <description>The amendment requires the lead merchant banker appointed by a business trust for an initial offer to collect securities transaction tax from persons entering into specified taxable securities transactions at rates in section 98, and mandates that tax collected in any calendar month be paid to the Central Government by the seventh day of the following month, with recognised stock exchanges generally and the lead merchant banker for initial offers made responsible for remittance.</description>
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      <description>The amendment requires the lead merchant banker appointed by a business trust for an initial offer to collect securities transaction tax from persons entering into specified taxable securities transactions at rates in section 98, and mandates that tax collected in any calendar month be paid to the Central Government by the seventh day of the following month, with recognised stock exchanges generally and the lead merchant banker for initial offers made responsible for remittance.</description>
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