Clause 70 - Amendment of section 194E. - Finance Bill, 2012

Amendment of section 194E. 70. In section 194E of the Income-tax Act, with effect from the 1st day of July, 2012, (a) after the words and brackets is payable to a non-resident sportsman (including an athlete) , the words or an entertainer, shall be inserted; (b) for the words ten per cent. , the words twenty per cent. shall be substituted.