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80ccd(2) employer contribution

siddaramu madaiah (4 Points)

27 January 2020  
employer contribution now is 14%. can this 14% deductible under 80ccd(2)

 4 Replies

Kapadia Pravin (17209 Points)
Replied 27 January 2020

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

Roshni (Studwnt) (1141 Points)
Replied 28 January 2020

Restricted to 10%

CA Kiran Sutrave (CA) (424 Points)
Replied 28 January 2020

It is restricted to 10% only

Dharmender kumar Jha (Accountant) (186 Points)
Replied 20 June 2021

14 % in case of govt employee

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