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What distinguishes the NPS exemption from income tax under section 80CCD(1B) from the NPS exemption under section 80C?

Question

What distinguishes the NPS exemption from income tax under section 80CCD(1B) from the NPS exemption under section 80C?

Expert Answer
Answered 25 Nov 2022
2018 views

Up to 1,50,000 rupees may be deducted from NPS under Section 80C, and an additional 50,000 rupees may be deducted by Section 80CCD(1B).

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