https://www.taxtmi.com/article/detailed?id=8386 The tax treatment of National Pension Scheme contributions is administered under Section 80CCD, which provides three deduction streams: Section 80CCD(1) for individual self-contributions (salaried and self employed) subject to salary- or income-linked proportionality and aggregation with the Section 80C ceiling; Section 80CCD(2) for employer contributions to salaried employees measured by the least of employer contribution, a percentage of salary, or gross total income and excluded from the 80C ceiling; and Section 80CCD(1B) granting an additional deduction for self-contributions above the 80C/80CCD(1) aggregate up to a prescribed limit. Withdrawals follow an EET-like taxation with annuity receipts taxable as income. en-us Wed, 20 Feb 2019 06:01:19 +0530 Wed, 20 Feb 2019 06:01:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=8386 The tax treatment of National Pension Scheme contributions is administered under Section 80CCD, which provides three deduction streams: Section 80CCD(1) for individual self-contributions (salaried and self employed) subject to salary- or income-linked proportionality and aggregation with the Section 80C ceiling; Section 80CCD(2) for employer contributions to salaried employees measured by the least of employer contribution, a percentage of salary, or gross total income and excluded from the 80C ceiling; and Section 80CCD(1B) granting an additional deduction for self-contributions above the 80C/80CCD(1) aggregate up to a prescribed limit. Withdrawals follow an EET-like taxation with annuity receipts taxable as income. Articles Income Tax Wed, 20 Feb 2019 06:01:19 +0530 https://www.taxtmi.com/article/detailed?id=8386