Deduction for nps

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
28 August 2018 Deduction under section 80ccd(1). 80ccd(2) and 80ccd(ib) for NPS. My question is whether employee contribution i.e. 10% of basic salary in provident fund can be claimed under 80ccd(ib).

28 August 2018 Yes employee contribution can be claimed u/s 80CCD(1B)

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
29 August 2018 Thanks for your reply but i want to know Whether contribution in NPS and Contribution to provident fund are same? OR NPS and Provident Fund are different things.

29 August 2018 NPS is investment under the National Pension SYstem of the government.

Check this link:

https://www.livemint.com/Money/W5eYvGxIRPFqPzwc2VChzN/What-is-good-for-you-EPF-NPS-or-both.html


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro

Follow us
add to google news


Answer Query



Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
ARTICLESHIP 20 June 2026
Articleship

RB KESHRI & CO

Mumbai

B.Com

View Details
Company
20 June 2026
Chartered Accountant

ANV & Company

New Delhi

CA

View Details
Company
25 June 2026
AUDIT MANAGER

JDAS & ASSOCIATES

New Delhi

CA

View Details
Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details
Company
ARTICLESHIP 24 June 2026
CA Article Trainee

Rahul Dang & Associates

Pune

CA Inter

View Details
Company
19 June 2026
Accounts Executive

Getfive Advisors Pvt. Ltd.

Ahmedabad

CA Inter

View Details