Did you invest in NPS to get additional Rs. 50,000 Deduction above Rs. 1.5 Lac - MYREALITY.In, Real Estate, Share Market, Mutual Fund, Insurance
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Saturday, February 02, 2019

Did you invest in NPS to get additional Rs. 50,000 Deduction above Rs. 1.5 Lac

Did you invest in NPS to get additional Rs. 50,000 Deduction above Rs. 1.5 Lac

An additional tax saving option is allowed for your Income which allows for additional Rs. 50,000 Deduction. 
This Deduction of Rs. 50,000 is over and above the Rs. 1,50,000 Deduction allowed under Section 80C.
If you claim this deduction, the total deduction allowed to you would be Rs. 1,50,000 + Rs. 50,000 = Rs. 2,00,000. 
Moreover, this deduction is allowed to both Salaried as well as Business/Professionals. This deduction has been explained in detail in this article:-
Did you invest in NPS to get additional Rs. 50,000 Deduction above Rs. 1.5 Lac Reviewed by S Chitra on February 02, 2019 Rating: 5 Did you invest in NPS to get additional Rs. 50,000 Deduction above Rs. 1.5 Lac An additional tax saving option is allowed for your Income...

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