Deduction under section 80CCC now covers policies from insurers other than the Life Insurance Corporation of India. Insertion of the words "or any other insurer" into sub-section (1) of section 80CCC expands the deduction to include premiums paid to insurers other than ... Summary
Deduction under section 80CCC now covers policies from insurers other than the Life Insurance Corporation of India.
Insertion of the words "or any other insurer" into sub-section (1) of section 80CCC expands the deduction to include premiums paid to insurers other than the Life Insurance Corporation of India, thereby making such policies eligible for the retirement-oriented deduction under that provision with effect from the stated commencement date.
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