I am a Govt. employee under GPF scheme and pension scheme and join in the service on 1998. Can I deposit under NPS in Tier II for tax savings upto Rs1.0 lakh ?Because I use to save tax under ELSS scheme. asked Oct 30 '11 at 19:26 by Indra 1●1●1●1 |
There is no tax benefit available for investment into New pension scheme Tier 2 account. You will have to deposit into tier 1 scheme to get tax benefit. answered Oct 31 '11 at 16:27 by Pankaj Batra 5.2k●3●20 |