Amendment of section 21A

Amendment of section 17.- In section 17 of the principal Act,-

1. (i) for the word “Commissioner” the words “Rajya Dharmika Parishat” shall be substituted;
2. (ii) for clause (a), the following shall be substituted, namely:- “(a) contributions made by the notified or declared institutions at the following rate:-

1. (1) ten percent of the net income in respect of institutions whose gross annual income exceeds rupees ten lakhs;
2. (2) five percent of the net income in respect of institutions whose gross annual income exceed rupees five lakhs but does not exceed rupees ten lakhs.”