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    <title>Insertion of new section 194F</title>
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    <description>Payments by a mutual fund or Unit Trust of India on account of repurchase of units are subject to a payer-level withholding obligation requiring the person responsible for the repurchase payment to deduct income tax at source at a predetermined rate at the time of payment.</description>
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      <description>Payments by a mutual fund or Unit Trust of India on account of repurchase of units are subject to a payer-level withholding obligation requiring the person responsible for the repurchase payment to deduct income tax at source at a predetermined rate at the time of payment.</description>
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