Nps query
This query is : Open
07 March 2016
Please clarify that:
1. If any employee has been contributed Rs.180000/- (10% of Salary) in NPS, can he takes tax benefit of Rs.150000/- in U/S 80CCD (1) and balance Rs.30000/- in U/S 80CCB (1B) of Income Tax Act, 1981.
2. If any employee has been contributed Rs.180000/- (10% of Salary) in NPS and Rs.32000/- in PPF or LIC, can he takes tax benefit of Rs.32000/- in U/S 80C, Rs.118000/- in U/S 80CCD (1) and Rs.50000/- in U/S 80CCB (1B) of Income Tax Act, 1981.
3. If any employee has been contributed Rs.32000/- (10% of Salary) in NPS and Rs.156000/- in PPF or LIC, can he takes tax benefit of Rs.150000/- in U/S 80C and Rs.32000/- in U/S 80CCB (1B) of Income Tax Act, 1981.
1. If any employee has been contributed Rs.180000/- (10% of Salary) in NPS, can he takes tax benefit of Rs.150000/- in U/S 80CCD (1) and balance Rs.30000/- in U/S 80CCB (1B) of Income Tax Act, 1981.
2. If any employee has been contributed Rs.180000/- (10% of Salary) in NPS and Rs.32000/- in PPF or LIC, can he takes tax benefit of Rs.32000/- in U/S 80C, Rs.118000/- in U/S 80CCD (1) and Rs.50000/- in U/S 80CCB (1B) of Income Tax Act, 1981.
3. If any employee has been contributed Rs.32000/- (10% of Salary) in NPS and Rs.156000/- in PPF or LIC, can he takes tax benefit of Rs.150000/- in U/S 80C and Rs.32000/- in U/S 80CCB (1B) of Income Tax Act, 1981.
26 March 2016
Please clarify an urgent basis
26 March 2016
please clarify an urgent basis
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