I am a government employee. Can I take a rebate on employer's share in National Pension Scheme (NPS)?
Employer's contribution to National Pension Scheme (NPS) qualifies for a tax deduction of up to 10 per cent of the salary (basic plus DA) under Section 80CCD(2) of the Income Tax Act. This contribution is not included in the overall limit of ₹1.5 lakh allowed under section 80CCE. You can claim an extra deduction on your employer's contribution to NPS.