AMENDMENT OF SECTION 31 Insection 31 of the Wealth-tax Act-, in sub-section
2), with effect from the 1 st 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 onefourth per cent" shall be substituted.