Sir, I understand that the exempted limit for NPS for F.Y. 2014-15 is Rs 50000, please confirm whether it is in addition to Rs 150000 under Section 80(C), i.e. can we avail an exemption of Rs 200000 ? Also want to know the conditions for withdrawals / maturity.
1 Answers
You can avail extra 50,000 for NPS apart from 80C limit of 1.5 lakhs.
You can read more details on NPS here: National Pension System (NPS)
Related