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    <title>Amendment of section 194LC.</title>
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    <description>Interest on money borrowed from sources outside India by issuance of long term bonds or rupee denominated bonds issued on or after 1 July 2023 and listed only on a recognised stock exchange in an International Financial Services Centre will attract a specified rate of tax deduction at source; the amendment also changes a connector in the clause to broaden qualifying instruments.</description>
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      <description>Interest on money borrowed from sources outside India by issuance of long term bonds or rupee denominated bonds issued on or after 1 July 2023 and listed only on a recognised stock exchange in an International Financial Services Centre will attract a specified rate of tax deduction at source; the amendment also changes a connector in the clause to broaden qualifying instruments.</description>
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