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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Provisions expressly mentioned in the judgment/order text.
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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