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?
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NPS FOR INDIVIDUAL U/S 80CCD(1)(B)
Replies (2)
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
Employer contribution is to be claimed under section 80CCD(2)
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