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?
NPS can be claimed under 80C and 80CCD.
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