SCHEDULES

                             FIRST SCHEDULE
 Section 20


              NEW PART B OF FIRST SCHEDULE TO PRINCIPAL ACT

                                ``PART B

  Rates Referred to in Paragraph (b) of Clause 9 or Clause 10 of Part A
                                                           The rate of
                                                           tax for every
 On so much of the income as---                            $1 shall be---
                                                               Cents
 Does not exceed $6,000       ..      ..      ..      ..       20.00
 Exceeds $6,000 but does not exceed $24,000   ..      ..       32.00
 Exceeds $24,000 but does not exceed $25,000  ..      ..       41.06
 Exceeds $25,000 but does not exceed $30,000  ..      ..       45.10
 Exceeds $30,000 but does not exceed $38,000  ..      ..       56.10
 Exceeds $38,000      ..      ..      ..      ..      ..       66.00''
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