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    <title>Amendment of Fourth Schedule</title>
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    <description>New Fourth Schedule provisions permit rules regulating investment of recognised provident, approved superannuation and approved gratuity fund moneys while providing that no such rule shall require investment of more than fifty per cent of fund moneys in Government Securities. Application requirements are expanded to require up to two copies of prior-year accounts where the fund previously existed, and a new rule mandates that trustees and contributing employers of approved gratuity funds must furnish specified returns, statements or particulars to the Income-tax Officer within a minimum twenty-one day period when served with notice.</description>
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      <description>New Fourth Schedule provisions permit rules regulating investment of recognised provident, approved superannuation and approved gratuity fund moneys while providing that no such rule shall require investment of more than fifty per cent of fund moneys in Government Securities. Application requirements are expanded to require up to two copies of prior-year accounts where the fund previously existed, and a new rule mandates that trustees and contributing employers of approved gratuity funds must furnish specified returns, statements or particulars to the Income-tax Officer within a minimum twenty-one day period when served with notice.</description>
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