Rent deduction limit under section 80GG increased; higher monthly rent deduction permitted under the amended provision for taxpayers to claim. Amendment increases the permissible monthly deduction under section 80GG of the Income-tax Act by substituting the earlier specified monthly cap with a higher amount, the change taking effect from the stated fiscal implementation; the amendment is confined to revising the numeric ceiling and does not modify other eligibility criteria or calculation methods.
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Rent deduction limit under section 80GG increased; higher monthly rent deduction permitted under the amended provision for taxpayers to claim.
Amendment increases the permissible monthly deduction under section 80GG of the Income-tax Act by substituting the earlier specified monthly cap with a higher amount, the change taking effect from the stated fiscal implementation; the amendment is confined to revising the numeric ceiling and does not modify other eligibility criteria or calculation methods.
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