Section 80GG Amendment: Rent Deduction Limit Raised from 24,000 to 60,000 Rupees Annually for Tax Relief.

Section 80GG Amendment: Rent Deduction Limit Raised from 24,000 to 60,000 Rupees Annually for Tax Relief. https://www.taxtmi.com/highlights?id=27595 Amendment of section 80GG. - deductions in respect of rents paid. - It is proposed to increase the maximum amount of deduction allowable under the said section to five thousand rupees per month i.e. amount incresed from 24 thousand to 60 thousand per-annum. en-us Tue, 01 Mar 2016 13:20:07 +0530 Tue, 01 Mar 2016 13:20:07 +0530 TaxTMI RSS Generator Section 80GG Amendment: Rent Deduction Limit Raised from 24,000 to 60,000 Rupees Annually for Tax Relief. https://www.taxtmi.com/highlights?id=27595 Amendment of section 80GG. - deductions in respect of rents paid. - It is proposed to increase the maximum amount of deduction allowable under the said section to five thousand rupees per month i.e. amount incresed from 24 thousand to 60 thousand per-annum. Highlights Bill Tue, 01 Mar 2016 13:20:07 +0530 https://www.taxtmi.com/highlights?id=27595