Tax Benifit for NPS

Is there any tax benifit for investment/ contribution to NPS ? If yes where can we get official doccument for the same.

asked Mar 01 '11 at 02:44 by Mahesh 1●1●1●1

One Answer:

Investment made under any pension scheme is available for tax exemption under section 80-CCD of income tax.

This has a max limit of 1 lakh exemption.

answered Mar 01 '11 at 12:30 by Pankaj Batra 5.2k●3●20

Know someone who can answer? Share a link to this question via Email, Twitter, or Facebook

Once you sign in you will be able to subscribe for any updates here

Markdown Basics

*italic* or __italic__
**bold** or __bold__
link:[text](http://url.com/ "title")
image?![alt text](/path/img.jpg "title")
numbered list: 1. Foo 2. Bar
to add a line break simply add two spaces to where you would like the new line to be.
basic HTML tags are also supported

Tags:

Asked: Mar 01 '11 at 02:44

Seen: 2,444 times

Last updated: Mar 01 '11 at 12:30