tax rebate

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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

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


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