Menu
tax rebate
nps ka paisa employee contribution aur employer contribution dono ka paisa me chhut hota hai ya kewal employ contribution ka paisa me chhut hota hai.plz suggest me.
Replies (5)
sirf employee ka
yes, both employer's and employee's contribution to NPS are eligible for deduction
employer's contribution to NPS is first included in the salary
DEDUCTIONS
u/s80CCD(1) employee's own contribution to (PENSION FUND notified by central government ) NPS up-to 10% of salary
u/s 80CCD(1B) additional deduction of upto rs 50,000 , on employee's own contribution to NPS
u/s 80CCD(2) additional deduction of upto 10% salary on employer's contribution to NPS
maximum deduction u/s 80C, 80CCC &80CCD(1)is rs 1,50,000
# for further information please reply
employer's contribution to NPS is first included in the salary
DEDUCTIONS
u/s80CCD(1) employee's own contribution to (PENSION FUND notified by central government ) NPS up-to 10% of salary
u/s 80CCD(1B) additional deduction of upto rs 50,000 , on employee's own contribution to NPS
u/s 80CCD(2) additional deduction of upto 10% salary on employer's contribution to NPS
maximum deduction u/s 80C, 80CCC &80CCD(1)is rs 1,50,000
# for further information please reply
dono mein deduction hai. refer section 80CCD
koi aadmi ek me kahete hai to kio aadmi dono me bahut confusion hai.
both employer's and employee's contribution to NPS are eligible for deduction
please refer section 80CCD(1) , 80CCD(1B) & 80CCD(2) & my above reply
#for further information please reply
please refer section 80CCD(1) , 80CCD(1B) & 80CCD(2) & my above reply
#for further information please reply
Recent Topic
- Free GST invoice tool I built for my practice R
- Clarification on Gratuity Exemption under Section
- GOODS AND SERVICE TAX - GSTR 1
- Correct ITR form
- Clarification required on Section 393 & Report
- Professional advance taxes
- Surrender pan process
- Tds on deceased's pan
- Exempt income declaration schedule EI in ITR2 (AY2
- Mold cost invoice in GST return
Related Topics
CAclubindia
