What is national pension scheme?


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The National Pension Scheme (NPS) offers significant tax advantages. You can claim a deduction of up to £1.5 lakh under Section 80C of the Income Tax Act. Furthermore, NPS contributions provide an additional tax deduction of up to £50,000 through Section 80CCD(1B).

12 February 2022 How and what amount deduction can we get under national pension scheme under income tax?

12 February 2022 80C deduction for 1.50 lacs can be claimed under NPS.

12 February 2022 Other than 80C, contribution under NPS can give you an additional deduction upto Rs. 50,000 under 80CCD(1B)


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