Is 80ccg Part Of 80c

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Is 80ccg Part Of 80c

Is 80ccg Part Of 80c -

Section 80CCC provides for deduction of an amount upto Rs 1 5 lakhs per annum to an Individual taxpayer for contributions made to certain pension funds This basically covers the payments made to Life Insurance

Discover the benefits of the section 80CCG deduction under the Rajiv Gandhi Equity Savings Scheme RGESS Learn about the eligibility criteria investment limits and tax

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How To Register For Compliance Section 206AB 206CCA

How To Register For Compliance Section 206AB 206CCA

The deduction under section 80 CCG was enacted in 2012 The broad provisions of the Scheme and the income tax benefits under it have already been incorporated as a new Section 80CCG of the Income Tax IT Act

Introduced in the Finance Act of 2012 Section 80CCG offers deductions over and above Section 80C Also known as the RGESS Rajiv Gandhi Equity Savings Scheme

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Tax And Law Directory Solution Of All Your Taxation Needs Deduction

Tax And Law Directory Solution Of All Your Taxation Needs Deduction

Section 80CCG provides incentives to those who invest in the equity market and is popularly called the Rajiv Gandhi Equity Saving Scheme This improves savings among individuals while also improving India s domestic capital market

Does deduction under Section 80CCG come under 80C Previously the Indian government provided Section 80CCG deduction to the investors over and above the tax benefits of 80C But now since it was

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