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How NPS investment can help save tax up to Rs 9.5 lakh in old, new regimes
Credit: IndiaTimes- Published on March 1, 2024
Investing in NPS offers tax benefits under the old and new tax systems. In the new tax system, employees can claim deductions under Section 80CCD (2) for employer contributions. Under the old tax regime, individuals can claim deductions under Section 80C, Section 80CCD (1), and Section 80CCD (1B) for NPS investments.