https://www.taxtmi.com/acts?id=47325 The amendment replaces the earlier 25% allowance under section 80RR with a substituted rule providing, in computing an individual's total income, a deduction equal to either fifty per cent of the income or seventy-five per cent of the portion of that income brought into India in accordance with the Foreign Exchange Regulation Act and rules, the higher amount to be allowed, effective from the fiscal commencement stated by the statute. en-us Sat, 11 Jan 2025 11:00:25 +0530 Sat, 11 Jan 2025 11:00:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=47325 The amendment replaces the earlier 25% allowance under section 80RR with a substituted rule providing, in computing an individual's total income, a deduction equal to either fifty per cent of the income or seventy-five per cent of the portion of that income brought into India in accordance with the Foreign Exchange Regulation Act and rules, the higher amount to be allowed, effective from the fiscal commencement stated by the statute. Act-Rules F. Acts / Amendment Acts Sat, 11 Jan 2025 11:00:25 +0530 https://www.taxtmi.com/acts?id=47325