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Should you Invest Rs 50,000 in NPS to Save Tax u/s 80CCD (1B)?

Should you Invest in NPS to Save Tax u/s 80CCD (1B)? Budget 2015 has introduced a new section 80CCD (1B) which gives deduction up to Rs 50,000 for investment in NPS (National Pension Scheme) Tier 1 account from next financial year of FY 2015-16. This new deduction can help you save tax up to Rs 15,450 in case you are in the 30% tax slab. The question […] Continue reading →