NPS Tax Benefits: Know How Much Deduction Is Allowed In Old Tax Regime
Employers can also claim a tax deduction for contributions to employees’ NPS accounts, limited to 10 per cent of the salary (Basic + DA) under the “Business Expense” category.
![NPS Tax Benefits: Know How Much Deduction Is Allowed In Old Tax Regime](/_next/image?url=https%3A%2F%2Fs3.ap-south-1.amazonaws.com%2Fimages.outlookindia.com%2Fwp-content%2Fuploads%2F2024%2F06%2Fshutterstock_2360003443-300x200.jpg&w=256&q=75)
Employers can also claim a tax deduction for contributions to employees’ NPS accounts, limited to 10 per cent of the salary (Basic + DA) under the “Business Expense” category.
ADVERTISEMENT