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Regarding 80CCD (2) maximum limit

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14 February 2020 What is maximum allowable limit of 80CCD(2) (Employer contribution of NPS) deduction from Salary as per Income Tax Provision. if it added in salary first and then claim for deduction in sec 80.

26 May 2020 Rs. 2 Lakhs
Terms and conditions for deductions under Section 80CCD
(ii) The maximum limit of deduction available under Section 80 CCD is Rs. 2 Lakhs; this includes the additional deduction of Rs. 50,000/- available under sub-section 1B.



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