Deduction under Sec 80CCD increased to 14% for state govt. employees

Mita Basak , Last updated: 02 February 2022 Share Follow on Google News

Incentives to National Pension System (NPS) subscribers for state government employees 1. Under the existing provisions of the Act, any contribution by the Central Government or any other employer to the account referred to in section 80CCD of the Act (NPS account), shall be allowed as a deductio

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About the Author

Mita Basak

Professional

I write informative articles on taxation, GST, TDS/TCS compliance, corporate laws, EPF, government schemes, and finance-related topics. My focus is on simplifying complex legal, tax, and compliance matters into practical and easy-to-understand guides for professionals, businesses, and general readers.

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