Clarification Regarding NPS deduction under 80CCD(1B)

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  1. ZED

    ZED Well-Known Member

    You will not be able to invest in NPS because of age restriction, if you will not be able to invest then you will not be able to claim deduction either.
     
  2. pawan30

    pawan30 New Member

    hello, I'm a state govt. employee and want some clarification regarding deduction u/s 80c. I have paid LIC premium of Rs 1,80,00.00(approx) in this year and as part of NPS Rs 53,000.00(approx) was deducted in total from my salary(10 % of my basic pay and GP). Now how much relief I can claim. Thanks.
     
  3.  
  4. Age limit to join N.P.S. has been increased from 60 years to 65 years & therefore you may join N.P.S. & get tax benefit on Rs.50000- & pension benefit in future.
     
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