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Section 80ccd(1b)

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(Querist)
02 March 2016 Dear i am NPS subscriber. employer has deducted employee share from my salary amounting to Rs. 62000. I have savings amounting to Rs. 150000 in my PPF account. can i claim 62000 under section 80CCD(1B).
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CA Vap Patel

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CA Vap Patel (Expert)
03 March 2016 No.you will get 10% of your salary ( Basic + DA+ commission) or 50k whichever is lower

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