TMI Blog80 CCC in 2015 budgetX X X X Extracts X X X X X X X X Extracts X X X X ..... Hi , We know that 80 CCD(1) limit in NPS has been extended to 50000 in 2015 budget over and above 1.5 lakhs INR 80 C limit we had earlier. I have following questions to be clarified. 1. I had a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... contribution to NPS through 80 CCD(2) which is over and above 1.5 lakhs limit, because it was employer contribution. Now, this 50000 limit is also for 80 CCD(2) ? 2. contribution to NPS is max 10 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... % of basic. So does it mean both 80 CCD(1) and 80 CCD(2) will be max 10% of basic ? 3. earlier 80 CCC pension plans (icici prulife) used to go through 80 C limits only, i.e 1.5 lakh inr. Now in 2 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 015 budget can this be accomodated in extra 50000 INR savings ? 4. Assuming I deposit 35000 to NPS through 80 CCD(2) , how much I can contribute to NPS more to get maximum tax benefit ? my 80 CCC ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... is also 15000 per annum. 5. What the new avenues of saving tax this year assuming i already have consumed 1.5 lakhs inr ? regards - 80 CCC in 2015 budget - Query Started By: - sunu m Dated: ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... - 9-3-2015 Income Tax - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.co ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... m - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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