What are the tax benefits under NPS?
Any individual who is a subscriber of NPS can claim income tax deduction up to 10% of his/her gross income under Sec 80 CCD (1) within the overall ceiling of Rs. 1.5 lac under Sec 80 CCE. In addition to ₹ 1.5 lakh allowed under Section 80C investment of up to ₹ 50,000 by an…