banner_ad

Nps deduction by employer in salary , query???

Tax queries 184 views 2 replies

Hi

employer deduction under NPS on 10% of basic and DA salary  could b claimed under section 80 CCD 1 B for Rs. 44800 when 80 C is filled by LIC, PPF, ELSS  amounting  to 1.5 lakh ? 

 

So i can avail 2 lakh deduction??

could anyone clarify please.

or should it b claimed under only 80 CCD 1, limiting my deduction to 1.5 lakh putting under over all limit of 80 C???

 

thanks with anticipation

Replies (2)
yes you can claim NPS under section 80ccd(1B)
Yes you can claim NPS u/s 80ccd1(b) if your deduction exceeds 1.5 lakhs u/s 80c, and all other basic deductions


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details
Company
19 May 2026
Accountant

ca kunjan

Mumbai

CA Inter

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
22 May 2026
U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details
Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details