02 May 2018
Dear Sir, I am working in pvt ltd company and my company gives only PF contribution but to get extra tax benefit I want to invest in 80CCD (2) NPS. In this scheme can we get benefit in below options?
(1) Employer is not registered under NPS so employer is giving NPS contirbution to employees with his salary and employee will pay NPS contribution both employee's & employer
(2) only employee has opened NPS account & investing some amount say Rs.50000/- will he able to take benefit in 80CCD(2).
03 May 2018
1. EMPLOYER HAS TO GET REGISTERED FOR NPS . 2. EMPLOYEE HIMSELF/HERSELF CAN INVEST IN NPS AND TAKING 50000 BENEFIT UNDER SECTION 80CCD(1B).