Amendment of section 206C.

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..... purchase of overseas tour program package , the words and is for the purposes of education or medical treatment shall be substituted; (iii) in the second proviso, for the words is for a purpose other than purchase of overseas tour program package , the words is for the purposes of education or medical treatment shall be substituted. - Clause 90 of the Bill seeks to amend section 206C of the Income .....

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..... buyer by any mode, whichever is earlier, collect from the buyer, a sum equal to five per cent. of such amount as income-tax. It is proposed to amend the said sub-section (1G) so as to increase the rate of collection of tax at source from five per cent. to twenty per cent. if it is for a purpose other than for education or medical treatment . It is further proposed to amend the first proviso to th .....

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