Amendment of section 30 of the principal enactment
13. Section 30 of the principal enactment is hereby amended by the addition, at the end of subsection (2) of that section, of the following proviso : " Provided further that the taxable income of any thrift, saving or building society or welfare fund to which contributions are made by employees only, for any year of assessment commencing on or after April 1, 1987, shall be the assessable income of that society or fund for that year of assessment after deducting an allowance of twenty-seven thousand rupees. ". |