NPS Limit for F.Y. 2014-15

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.

asked Mar 16 '15 at 18:39 by sakiv1089 18682139


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)

answered Mar 22 '15 at 02:05 by Pankaj Batra 5.2k320

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Asked: Mar 16 '15 at 18:39

Seen: 2,051 times

Last updated: Mar 22 '15 at 02:05