Nps sec 80ccd (2)

Originally posted by : anshul tiwari
	in 80ccd (2) employer contribution other then central government if state government contribution is 14% then 4 % will be taxable Or not in the hand of employee

(2) Where, in the case of an assessee referred to in sub-section (1), the Central Government or any other employer makes any contribution to his account referred to in that sub-section, the assessee shall be allowed a deduction in the computation of his total income, of the whole of the amount contributed by the Central Government or any other employer as ²¹[does not exceed—

(a)  fourteen per cent, where such contribution is made by the Central Government;

(b)  ten per cent, where such contribution is made by any other employer,

of his salary in the previous year.]

YES 4 % is taxable in your case