deduction

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1392 Points Joined July 2017

I m salaried person deposit 150000 in ppf, my contribution to nps 45000, employer contribution 45000 to nps how much deduction I can claim maximum

Replies (1)

CMA

13117 Points Joined May 2009

Deduction u/s 80C: PPF Rs.1.5 lacs

Deduction u/s 80CCD(2): Employer contribution to NPS: Deduction up to 10% of salary (basic + DA + fixed commission)

Deduction u/s 80CCD(1B): Employee contribution to NPS: up to Rs.50,000 (in your case Rs.45,000)

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