Section 80CCC provides for income tax deduction against the payment made to obtain a new pension policy or renew an existing pension policy. Is national pension scheme under section 80CCC?
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Hi Manasa,
NPS can be claimed under 80C and 80CCD.
Regards,
Bhuvana Anand
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NPS can be claimed under below sections:
80CCD - Upto 1.5L(This will be clubbed with 80C limit). So in total 80C + 80CCD cannot go beyond 1.5L)
80CCD(1B) - Additional 50K
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