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# section80ccd

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Income tax

Opening Tax Benefits: An Overview of NPS Sections 80CCD(1) and 80CCD(2)

The National Pension System (NPS) tax benefits under Sections 80CCD(1) and 80CCD(2) of the Income Tax Act of 1961 are explained in this blog post. It discusses NPS contribution eligibility requirements, deduction caps, and exemption guidelines in addition to offering an example to show the tax advantages.