Amendment of Section 80C

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..... in accordance with and subject to the provisions of this section, an amount calculated, with reference to the aggregate of the sums specified in sub-section (2), at the following rates, namely :- (a) where such aggregate does not exceed Rs. 2,000 The whole of such aggregate; (b) where such aggregate exceeds Rs. 2,000 but does not exceed Rs. 5,000 Rs. 2,000 plus 50 per cent. of the amount by which .....

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..... ife of any member of such association or body or any child of any of the members of such association or body : Provided that such contract does not contain a provision for the exercise by the insured of an option to receive a cash payment in lien of the payment of the annuity; or . - statute, statutory provisions legislation, law, enactment, Acts, Rules, Regulations, Taxation Tax Management Indi .....

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