Nps deduction
This query is : Resolved
29 April 2018
Can I contribute 2 lakhs in my NPS account and claim deduction of 2 lakhs investment in NPS? I have not invested anywhere else under section 80C.
29 April 2018
Yes, since maximum is restricted to 1,50,000 vide 80CCE excluding NPS.
04 May 2018
So does that mean I can invest 2 lakhs in NPS in a single transaction? I have not invested anywhere else under section 80 C. Please advise. Thanks in advance.
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