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<h1>Govt Exempts Tax Deduction on National Savings Scheme and Deferred Annuity Plan Withdrawals Under Section 194EE</h1> The Central Government issued a notification exempting tax deduction under section 194EE of the Income Tax Act 1961 for withdrawals from National Savings Scheme or deferred annuity plans by individuals. The exemption applies to payments specified in section 80CCA(2)(a) withdrawn on or after the notification's publication date.