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    <title>Amendment of section 40.</title>
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    <description>Amendment increases specified deduction ceilings in section 40 by substituting higher monetary limits in clause (b), sub clause (v), item (a), replacing the existing thresholds with doubled amounts and taking effect from the first day of the fiscal year beginning 1st April, 2025.</description>
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      <description>Amendment increases specified deduction ceilings in section 40 by substituting higher monetary limits in clause (b), sub clause (v), item (a), replacing the existing thresholds with doubled amounts and taking effect from the first day of the fiscal year beginning 1st April, 2025.</description>
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