https://www.taxtmi.com/acts?id=46540 Amendment to Section 80C replaces sub section (1) with a graduated deduction formula based on the aggregate of sums specified in sub section (2): full deduction up to the first threshold, a base amount plus a percentage of the excess for the middle range, and a higher base plus a lower percentage of the excess above the upper range; effective 1 April 1979. Sub section (4), clauses (ii) and (iv), have their monetary ceilings increased. en-us Tue, 24 Dec 2024 11:45:00 +0530 Tue, 24 Dec 2024 11:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=46540 Amendment to Section 80C replaces sub section (1) with a graduated deduction formula based on the aggregate of sums specified in sub section (2): full deduction up to the first threshold, a base amount plus a percentage of the excess for the middle range, and a higher base plus a lower percentage of the excess above the upper range; effective 1 April 1979. Sub section (4), clauses (ii) and (iv), have their monetary ceilings increased. Act-Rules F. Acts / Amendment Acts Tue, 24 Dec 2024 11:45:00 +0530 https://www.taxtmi.com/acts?id=46540