Amendment of section 194LD.

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....ayable,-- (a) on or after the 1st day of June, 2013 but before the 1st day of July, 2023 in respect of the investment made by the payee in -- (i) a rupee denominated bond of an Indian company; or (ii) a Government security; (b) on or after the 1st day of April, 2020 but before the 1st day of July, 2023 in respect of the investment made by the payee in municipal ....

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....y of interest on certain bonds and Government securities. Sub-section (2) of the said section specifies that the interest payable on or after the 1st day of July, 2013 but before the 1st day of July, 2020, in respect of investments made in a rupee denominated bond of an Indian company or a Government security shall be eligible for lower withholding tax of five per cent. It is proposed to sub....