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    <title>Amendment of section 244A</title>
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    <description>The amendment to section 244A substitutes the rate in sub section (1), clauses (a) and (b), replacing the prior one percent specification with three fourth per cent, effective from the 1st day of June, 2001, thereby changing the statutory interest rate applicable under those clauses.</description>
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      <description>The amendment to section 244A substitutes the rate in sub section (1), clauses (a) and (b), replacing the prior one percent specification with three fourth per cent, effective from the 1st day of June, 2001, thereby changing the statutory interest rate applicable under those clauses.</description>
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