Varishtha Bima Pension Yojana - Tax Deduction Section 80C

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  1. K.Sreekanth

    K.Sreekanth New Member

    Sir,
    Whether Recently introduced Varishta Pension Bima Yojana , a pension scheme for senior citizens by government of India, and administered by LIC of india, qualify for deduction u/s 80ccc of IT act. Kindly confirm?
     
  2. gaurav_kumar

    gaurav_kumar Well-Known Member

    No, I dont think the Varishta Pension Bima Yojana which has been introduced by the Govt in association with LIC qualifies for deduction under Section 80CCC as their is no announcement by the Govt in this regard.
     
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