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    <title>Amendment of section 54EC.</title>
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    <description>The Bill omits clause (a) of sub section (3) of the provision on capital gain exemption for reinvestment in specified bonds as a consequential change following repeal of a related provision, thereby removing a redundant clause and aligning the reinvestment exemption with the amended statutory framework; the amendment is declared to take effect from the commencement of the fiscal year.</description>
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      <description>The Bill omits clause (a) of sub section (3) of the provision on capital gain exemption for reinvestment in specified bonds as a consequential change following repeal of a related provision, thereby removing a redundant clause and aligning the reinvestment exemption with the amended statutory framework; the amendment is declared to take effect from the commencement of the fiscal year.</description>
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