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Amendment of section 80GG.

Clause 38 - Bills - DIRECT TAXES - Bill - Clause 38 - 38. In section 80GG of the Income-tax Act, for the words two thousand rupees , the words five thousand rupees shall be substituted with effect from the 1st day of April, 2017. Clause 38 of the Bil .....

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towards payment of rent upto a maximum of two thousand rupees per month or twenty-five per cent. of his total income for the year, whichever is less, and subject to such other conditions or limitations as may be prescribed, having regard to the area .....

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