I have invested ₹1.5 lakh to claim a deduction under Section 80C. I have not included my NPS contributions in this. I contribute ₹47,000 every year in NPS. Can I claim ₹50,000 under Section 80CCD(1B). I am a government employee.
- Anil Kumar
Yes, you can claim an extra deduction of up to ₹50,000 on your contributions to National Pension Scheme (NPS) under Section 80CCD(1B).