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Nps additional deduction fy15-16

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(Querist)
01 March 2015 Hi I want to know if additional deduction of Rs. 50,000 for National Pension Scheme comes under overall limit of 1.50 lakhs for 80C. if yes, then individual can get total deduction of 2 lakhs if 50k invested in NPS (80CCE?)
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Vineet Goyal

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Vineet Goyal (Expert)
21 March 2015 I would suggest you not to invest in NPS ever. It is a total loss investment. You can read more on this here:

http://financeandtaxhub.blogspot.in/search/label/NPS

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