Deduction under section 80ccd(2)
Manish (Student) (60 Points)
27 July 2022Can an employee of the Central Autonomous Body claim deduction of employer's contribution towards NPS @ 14% of salary under section 80CCD(2)
Manish (Student) (60 Points)
27 July 2022
Eswar Reddy S
(CFO- at NHTF)
(58263 Points)
Replied 27 July 2022
ARVIND KUMAR Ramawat
(4 Points)
Replied 27 July 2022
Manish
(Student)
(60 Points)
Replied 27 July 2022
Eswar Reddy S
(CFO- at NHTF)
(58263 Points)
Replied 29 July 2022
Manish
(Student)
(60 Points)
Replied 29 July 2022
Sir, only percentage of employer's Contribution has been increased to 14% but rules for claiming deduction u/s 80CCD(2) are still mention as :
Deduction towards contribution made by an employer to the Pension Scheme of Central Government
If Employer is a PSU, State Government or Others |
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If Employer is Central Government |
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My question is-
Q1. Can an employee of a Central Autonomous Body claim deduction u/s 80CCD(2) @ 14% instead of 10%?
(As under the above section it is clearly written as "only Central Government employee can claim deduction for employer's contribution towards NPS @ 14% and others can claim deduction @ 10% only".)
Q2. What is nature of employment of an employees of a Central Autonomous Body ? Are employees of Central Autonomous Bodies considered employees of the Central Government? Or they will come under the category of 'Others' for ITR filing.
ARVIND KUMAR Ramawat
(4 Points)
Replied 30 July 2022
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