Hike in employer's contribution to NPS is good news for salaried but this tax deduction is still missing

NPS Employer contribution hike: Budget 2024 has increased the deduction available on the employer's contribution to the NPS account under the new tax regime to 14%. This is a good news for the salaried individuals. However, one important NPS deduction for salaried individual is still missing under the new tax regime.

from Tax-Wealth-Economic Times https://ift.tt/D1SKoIN