NPS or National Pension System is a pension scheme available for both government employees as well as private citizens
investment in Tier I account of NPS upto Rs. 50,000/- can be claimed as deduction under section 80CCD(1B). over and above Rs. 150000/- available in 80C.
So the answer to your question is YES...!
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
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