Your contribution to National Pension Scheme (NPS) qualify for an exclusive tax deduction of up to Rs 50,000 under Section 80CCD(1B) of the Income Tax Act
Is the Section 80CCD(1B) applicable this year, too?
- Suvadeep Das
Your contribution to National Pension Scheme (NPS) qualify for an exclusive tax deduction of up to ₹50,000 under Section 80CCD(1B) of the Income Tax Act. The deduction is available this year also.
This article was originally published on May 06, 2016.
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