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80ccd(2) employer contribution
employer contribution now is 14%. can this 14% deductible under 80ccd(2)
Replies (4)
Section 80CCD (2) allows salaried individuals to claim deductions up to 10% of their salary which includes the basic pay and dearness allowance or is equal to the contributions made by the employer towards the NPS whichever is lower.
Only 10% is deductible
Only 10% is deductible
Restricted to 10%
It is restricted to 10% only
14 % in case of govt employee
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