Web8 apr. 2024 · Under Section 80C, a maximum of Rs 150000 in any given financial year is eligible for tax exemption. However, with NPS investment, there is an additional benefit … WebSection - 80C Deduction in respect of life insurance premia, deferred annuity, contributions to provident fund, subscription to certain equity shares or debentures, etc Fourth Schedule RECOGNISED PROVIDENT FUNDS Section - 80CCD Deduction in respect of contribution to pension scheme of Central Government 9 Record (s) Page [1 of 1] in 0.047 seconds
Income Tax Deductions Under Section 80C in FY 2024-23 - Max …
Web9 jan. 2024 · Section 80CCD (1B) Investment in the National Pension Scheme allows you tax deductions up to Rs. 50,000 under Section 80CCD (1B). The deduction benefit under this section is over and the above tax deduction benefit allowed under Section 80C. NPS has low liquidity, and it requires a long-term commitment. WebThe limit of Rs 1.5 lakh deduction of Section 80C includes 80CCC (contribution towards pension plan) and 80CCD (1), 80CCD (1b) and 80CCD (2). Section 80CCCD (1) is a … dr. lorraine hutchings
You can avail this Income Tax benefit on Atal Pension Yojana! This …
Web4 nov. 2024 · The launch of Section 80CCD (1B) or 80CCD 2 of the Income Tax Act enabled individuals to claim an additional deduction of Rs. 50,000 for contributions they … Web6 apr. 2024 · An additional deduction of Rs. 50,000 would be available u/s 80CCD (1B) of the IT Act in respect of any contribution on which the overall threshold limit of Rs. 1,50,000 is not applicable. Web2 mei 2024 · Home » कर लगाना » 80सी कटौती: जानिए इनकम टैक्स एक्ट की धाराएं 80सीसीसी, 80सीसीडी, 80सीसीडी 1बी से आप कैसे उठा सकते … coklit web