80CCG chapter via deduction

Whether can any individual start in investing now in 80CCG?

Replies (3)
Quick Summary
Yes, individuals can start investing under 80CCG now, with a maximum investment limit of £50,000. This deduction is exclusively for first-time investors whose gross total income does not exceed £12 lakhs. If you already have holdings in a demat account, you may not be eligible for this tax benefit.

Yes .You can maximum 50k.

Only first time Investors can avail this benefit.

Gross total income should not exceed 12lakhs
Yes, you can....
Make sure that you are first time Investor..If you have already holdings in demat then you may not be eligible for this deduction

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