https://www.taxtmi.com/acts?id=50473 The amendment permits deductions for pension-scheme payments or deposits made by a parent or guardian into a minor's pension account, subject to an aggregate deduction ceiling of fifty thousand rupees, and modifies statutory wording to include "his account or the account of a minor." It further provides that amounts received by a parent, guardian or nominee on closure of the minor's pension scheme due to the minor's death shall not be treated as the recipient's income. en-us Tue, 01 Apr 2025 12:58:05 +0530 Tue, 01 Apr 2025 12:58:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=50473 The amendment permits deductions for pension-scheme payments or deposits made by a parent or guardian into a minor's pension account, subject to an aggregate deduction ceiling of fifty thousand rupees, and modifies statutory wording to include "his account or the account of a minor." It further provides that amounts received by a parent, guardian or nominee on closure of the minor's pension scheme due to the minor's death shall not be treated as the recipient's income. Act-Rules F. Acts / Amendment Acts Tue, 01 Apr 2025 12:58:05 +0530 https://www.taxtmi.com/acts?id=50473