There is no monetary limit on this deduction How much is the NPS interest rate 2022 or the current NPS interest rate? The interest rate on the (NPS) ranges from 9% to 12%, based on the program and the number of enrolled people Is the National Pension System a better investment than ...
To summarize the tax angle of NPS,investments of up to Rs 50,000 in NPS Tier I account in a financial year qualify for additional tax deduction under Section 80CCD (1B) of the Income Tax Act.This is in addition to the Rs1.5 lac deduction available via Section 80C. Now as mentioned e...