Is NPS own contribution over and above 80C limit of Rs.1,50,000
shalini
(CA)
(525 Points)
Replied 03 February 2016
Additional deduction of rs.50,000 can be claimed u/s 80 CCD for investment in NPS.
Rohit
(MBA)
(34 Points)
Replied 12 February 2016
In Addition to 1.5 Lacs for 80C, you can save upto 50,000 more if you invest in NPS.
However, before running just after tax saving vehicles like NPS, check this -
https://www.investrite.co.in/pdf/fonTAX050216152658DebateonNewPensionScheme.pdf
https://insight.banyanfa.com/why-not-to-invest-in-new-pension-scheme-nps/
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