Contribution of CPS by TN govt for its employess(10% of Basic + DA). Is that eligible for deduction in new scheme u/s 80ccd 2 ??
Baskaran Mohan (1 Points)
20 June 2025Contribution of CPS by TN govt for its employess(10% of Basic + DA). Is that eligible for deduction in new scheme u/s 80ccd 2 ??
Rajasekar
(TDS Preparer)
(1452 Points)
Replied 20 June 2025
80ccd2 is contribution by employer to NPS on behalf of the employee. In TN govt the CPS amount is paid to NPS. So you are not eligible