Amendment of section 394.
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....lumn D, for the figure and symbol "5%", the figure and symbol "2%" shall be substituted; (c) against Sl. No. 4, in column D, for the figure and symbol "1%", the figure and symbol "2%" shall be substituted; (d) against Sl. No. 5, in column D, for the figure and symbol "1%", the figure and symbol "2%" shall be substituted; (e) against Sl. No. 7, in column D, in clause (a),....
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....alcoholic liquor for human consumption; (ii) tendu leaves; (iii) scrap; and (iv) minerals being coal or lignite or iron ore, tax will be required to be collected at source at the rate of 2%. It is further proposed to amend the said sub-section so as to require that for remittances made under the Reserve Bank of India's Liberalised Remittance Scheme for the purposes....
TaxTMI