Nps contribution

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is the nps contribution is differ from 80 c. explain with example. can I split nps contribution 89000 as 40000
+ 49000
Replies (1)
Amount deposited in NPS account will get deduction u/s 80CCD(1) which covers in 80CCE .
Total limit of 1,50,000.

however you can get deduction u/s 80ccd(1B) over 1,50,000/-. upto 50,000.

yes you can split amount and claim under 80C to the extent of 150000 and balance under section 80ccd (1B).


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