My salary contribution to NPS is one Lakh and I have one lakh 80C savings(F.D,insurance premiums etc)
Can I add the excess amount after (80C =1.5lakh limit ) in 80CCD 1B. ?
Please give me an answer.🙏
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80CCD1B .additional benefit for nps subscribers
Replies (2)
Quick Summary
Yes,
You can
Maximum deduction allowed Rs. 200000
80C - 150000
Additional NPS Contribution - 50000
You can
Maximum deduction allowed Rs. 200000
80C - 150000
Additional NPS Contribution - 50000
In the internet. it says that 80CCD 1B is EXTRA voluntary contribution to NPS, But my employer is deducting from my salary as usual.So
is it right to add the excess savings (such as insurance premium, FD etc )in the 80CCD1B
Please clarify.?
is it right to add the excess savings (such as insurance premium, FD etc )in the 80CCD1B
Please clarify.?
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