Employee eligibility expanded for 80CCD: tax-favoured pension contribution deduction extended to employees of any employer. The amendment broadens the tax deduction under section 80CCD by substituting the employment qualifier so the provision applies to employees of any ... Summary
Employee eligibility expanded for 80CCD: tax-favoured pension contribution deduction extended to employees of any employer.
The amendment broadens the tax deduction under section 80CCD by substituting the employment qualifier so the provision applies to employees of any employer, not solely Central Government employees; the substitutions in sub-sections (1) and (2) are deemed to have effect from the 1st day of April, 2004.
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