can an employer claim the mandatory NPS contribution first towards 80ccd(1b)and thereafter the balance towards 80ccd(1).
Replies (7)
Quick Summary
This discussion clarifies how employees can claim tax deductions for their National Pension System (NPS) contributions. It confirms that employees can claim deductions under both Section 80CCD(1) and the additional deduction under Section 80CCD(1B). The conversation also addresses whether an employee can prioritise claiming the 80CCD(1B) deduction first, followed by 80CCD(1), with the consensus being that this is indeed possible.