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    <title>Amendment of section 80C</title>
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    <description>Amendment raises the deduction limit available for individuals and Hindu undivided families in computing total income for amounts paid or deposited in respect of life insurance premia, deferred annuity, provident fund contributions and specified subscriptions; the monetary ceiling is substituted with a higher ceiling and the change is effective from 1 April 2015, applying to the assessment year 2015-16 and subsequent years.</description>
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      <description>Amendment raises the deduction limit available for individuals and Hindu undivided families in computing total income for amounts paid or deposited in respect of life insurance premia, deferred annuity, provident fund contributions and specified subscriptions; the monetary ceiling is substituted with a higher ceiling and the change is effective from 1 April 2015, applying to the assessment year 2015-16 and subsequent years.</description>
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