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Amendment of section 80GG.

Clause 38 - Bills - DIRECT TAXES - FINANCE BILL, 2016 - 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 .....

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total income 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 regar .....

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