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    <title>Amendment of section 80RRA</title>
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    <description>Amendment revises the deduction under section 80RRA for remuneration brought into India in convertible foreign exchange by prescribing phased percentage rates for successive assessment years and conditioning allowance on funds being remitted within six months of the end of the previous year or within a further period the competent authority may allow; it also disallows any deduction for the assessment year beginning on the first day of April, 2005 and thereafter.</description>
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      <description>Amendment revises the deduction under section 80RRA for remuneration brought into India in convertible foreign exchange by prescribing phased percentage rates for successive assessment years and conditioning allowance on funds being remitted within six months of the end of the previous year or within a further period the competent authority may allow; it also disallows any deduction for the assessment year beginning on the first day of April, 2005 and thereafter.</description>
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