
I have already invested Rs 1.5 lakh to save tax under Section 80C. Where can I invest more? - Anonymous If you've exhausted your Section 80C limit, consider investing in the National Pension System (NPS) Tier-I to avail a deduction of up to Rs 50,000 under Section 80CCD (1B) of the Income Tax Act. This deduction is in addition to the Rs 1.5 lakh limit of Section 80C and is exclusively available for NPS investments. What is NPS? The National Pension System is a retirement savings scheme introduced
This article was originally published on December 27, 2023.






