Section 80ccd(1b)
This query is : Resolved
02 March 2016
Dear i am NPS subscriber. employer has deducted employee share from my salary amounting to Rs. 62000. I have savings amounting to Rs. 150000 in my PPF account. can i claim 62000 under section 80CCD(1B).
03 March 2016
No.you will get 10% of your salary ( Basic + DA+ commission) or 50k whichever is lower
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