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    <title>Amendment of section 194A</title>
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    <description>The amendment to section 194A deems interest credited in any account of the payer - including accounts titled &quot;Interest payable account&quot; or &quot;Suspense account&quot; or by any other name - to be credit of such income to the payee, making the section&#039;s withholding provisions applicable; it also raises the monetary threshold in the specified clause for the operation of the withholding obligation.</description>
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      <description>The amendment to section 194A deems interest credited in any account of the payer - including accounts titled &quot;Interest payable account&quot; or &quot;Suspense account&quot; or by any other name - to be credit of such income to the payee, making the section&#039;s withholding provisions applicable; it also raises the monetary threshold in the specified clause for the operation of the withholding obligation.</description>
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