Yes, if you have exhausted the Section 80C limit of Rs 1,50,000, then consider investing in NPS. Deduction for self-contribution to NPS - section 80CCD (1b) has been introduced for an additional deduction of up to Rs 50,000 for the amount deposited by a taxpayer to their NPS account.
Can I get an additional Rs 50,000 tax benefit if I opt for NPS if my 80C is already filled with PF, FD and home loan?
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