1. What are the tax benefits of NPS? Income Tax Act allows benefits under NPS as per the following sections: On Employee’s contribution: Employee’s own contribution is eligible for tax deduction under sec 80 CCD (1) of Income Tax Act up to 10% of salary (Basic + DA). This is within the overall ceiling of Rs. 1.50 Lacs under Sec. 80 CCE of the Income Tax Act. On … [Read more...] about What are the tax benefits of NPS?
| 28% to 31% Revised DA Order 2021 for Central government employees due from 01.07.2021 | 28% DA Order to Central Government employees w.e.f. 01.07.2021 |
Tax benefit NPS
Tax benefit available under National Pension System (NPS)
Tax benefit available under National Pension System (NPS) PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY B- 14/A, Chhatrapati shivaji Bhawan Qutab Institutional Area, Katwaria Sarai, New Delhi – 110 016 PFRDA/23/CORP/20/5 25th February, 2016 Dear sir, Subject: Tax benefit available under National Pension System (NPS) You would be aware that under the National … [Read more...] about Tax benefit available under National Pension System (NPS)
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