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Wednesday, Feb 5, 2025

NPS can allow you to save tax even above ₹12 lakh exemption limit. Here's how

A key fact is that only 2.2 million individuals have enrolled for the scheme despite it existing for nearly a decade
Section 80CCD(2) allows tax deduction of up to 14% of basic salary invested in NPS, whilst the old tax regime offers 10%.
Section 80CCD(2) allows tax deduction of up to 14% of basic salary invested in NPS, whilst the old tax regime offers 10%.

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News business NPS can allow you to save tax even above ₹12 lakh exemption limit. Here's how