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Deduction u/s 80CCD (2)

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Taxation
61 Points Posted on 22 August 2018
An employee can claim deduction of govt contributions u/s section of 80ccd (2) in salary head.
How much
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On 22 August 2018 at 18:15 Report
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867 Points Posted on 22 August 2018
yeah he can claim
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On 22 August 2018 at 18:51
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The maximum benefit you can avail under Sec.80CCD (1) is Rs.1,50,000 (including Sec.80C limit). Along with this Rs.50,000 under Sec.80CCD (1B). So total maximum benefit an individual can avail is Rs.2 lakh (where Rs.1.5 lakh will be part of Sec.80C limit)
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On 22 August 2018 at 18:58
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Currently working on improving my skills
2539 Points Posted on 22 August 2018
if an employer contributes any amount towards NPS, then such amount is treated as salary of employee. Employee gets deduction from GTI under sec 80CCD(2) to the extent of 10% of salary. This is not subject to ceiling of 50000/-
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On 22 August 2018 at 19:04
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"Do the Right Thing...!!!"
128152 Points Posted on 22 August 2018
Yes... I agreed to Mrs Vaishali Jain's View...
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On 22 August 2018 at 19:17
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MCA UPDATE 😊 ■ MCA has extended the last date of filing DIR -3KYC without any filing fees upto 15/09/2018 from 31/08/2018. ■ The fees of ₹5,000/- shall be applicable & payable on all delayed filings w.e.f 16/09/2018.
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On 23 August 2018 at 08:56
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2 Points Posted on 01 July 2024

Can state government employee with CPS ,is eligible for incime tax deduction under 80CCD2 sir

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On 01 July 2024 at 15:12


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