https://www.taxtmi.com/acts?id=39115 Amendment replaces the prior imprisonment-and-fine or lower-fine sanctions in section 188(5) with higher fixed monetary penalties: sub clause (i) substitutes the earlier imprisonment-or-range-of-fine sanction with a single increased penalty, and sub clause (ii) substitutes the earlier lower fine with a higher fixed penalty, thereby shifting penalties toward enhanced monetary sanctions for the specified contraventions. en-us Wed, 30 Sep 2020 12:55:58 +0530 Wed, 30 Sep 2020 12:55:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=39115 Amendment replaces the prior imprisonment-and-fine or lower-fine sanctions in section 188(5) with higher fixed monetary penalties: sub clause (i) substitutes the earlier imprisonment-or-range-of-fine sanction with a single increased penalty, and sub clause (ii) substitutes the earlier lower fine with a higher fixed penalty, thereby shifting penalties toward enhanced monetary sanctions for the specified contraventions. Act-Rules F. Acts / Amendment Acts Wed, 30 Sep 2020 12:55:58 +0530 https://www.taxtmi.com/acts?id=39115