Whether an employee or individual invest in NPS for rebate u/s 80CCD (1)(B) for FY 2020-21 in New Tax Code the rebate is still available?
Ashok Kelkar (B.Com) (143 Points)
12 March 2020Whether an employee or individual invest in NPS for rebate u/s 80CCD (1)(B) for FY 2020-21 in New Tax Code the rebate is still available?
Kapadia Pravin
(17259 Points)
Replied 12 March 2020
Employer contribution is available under 80CCD(2) upto Rs 50000/- as per conditions prescribed.
Employee contribution is not available under 80CCD in new tax regime
rama krishnan
(12234 Points)
Replied 12 March 2020
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
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