Amendment of Section 31
In section 31 of the Wealth-tax Act, in sub-section (2), with effect from the 1st day of June, 2001,-
(i) for the words "one and one-half per cent", the words "one and one-fourth per cent" shall be substituted ;
(ii) in the second proviso, for the words "one and one-half per cent", the words "one and one-fourth per cent" shall be substituted.