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    <title>Substitution of new section for section 88B</title>
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    <description>Substitution of section 88B grants a rebate of income-tax to resident individuals aged sixty-five years or more during the previous year, permitting a deduction from the computed amount of income-tax on total income equal to the full tax liability or a specified monetary ceiling, whichever is less; the provision takes effect from 1 April 1998.</description>
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      <description>Substitution of section 88B grants a rebate of income-tax to resident individuals aged sixty-five years or more during the previous year, permitting a deduction from the computed amount of income-tax on total income equal to the full tax liability or a specified monetary ceiling, whichever is less; the provision takes effect from 1 April 1998.</description>
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