The limit of deductions under section 80CCD differs according to specified persons: -
- For government employees, 10% of the employee’s salary for previous year can be considered for deduction.
- In case of other employees, the 10% of his/her gross total income for the previous year is considered as a deduction.
- All in all, the deduction amount under section 80CCD should not be more than Rs. 50,000.
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