Deduction for central government employees' pension contributions permitted where paid to a specified account and subject to a fixed minimum term. Introduces a deduction under section 80C for Central Government employees' contributions to a specified account of the pension scheme under section 80CCD, subject to contributions being to the additional account defined under the Pension Fund Regulatory and Development Authority Act and made for a fixed minimum period of not less than three years in accordance with a scheme to be notified by the Central Government, effective from the stated commencement date and applicable to the relevant assessment year and subsequent years.
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Deduction for central government employees' pension contributions permitted where paid to a specified account and subject to a fixed minimum term.
Introduces a deduction under section 80C for Central Government employees' contributions to a specified account of the pension scheme under section 80CCD, subject to contributions being to the additional account defined under the Pension Fund Regulatory and Development Authority Act and made for a fixed minimum period of not less than three years in accordance with a scheme to be notified by the Central Government, effective from the stated commencement date and applicable to the relevant assessment year and subsequent years.
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