Sunday, January 19, 2025

Union Budget 2025: Will Budget 2025 bring 50K NPS related deduction u/s 80CCD(1B) to the new tax regime?

Union Budget 2025: NPS contributions of up to Rs 50,000 to the National Pension System (NPS) under Section 80CCD(1B) qualify for deductions only under the old tax regime, and this benefit is not available in the new regime.

from Tax-Wealth-Economic Times https://ift.tt/FUKi4zY

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