Add Additional NPS Contribution

You can add the additional employee contribution to the National Pension Scheme(NPS) in the central government.

Section 80CCD (1B) includes Additional employee contribution toward NPS or other pension schemes in the central government are also considered.

This is considered during the income tax computation and needs to be within the overall ceiling of Rs.1.5 Lakhs. The employee’s contribution is eligible for the tax deduction up to 10% of salary (Basic + DA) in section 80CCD(1).

Note:

The total exemption for 80C + 80CCC + 80CCD(1) should not exceed the limit Rs.1,50,000.

Add Additional NPS Contribution

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  1. Declare the additional NPS fund contribution in .

    Field Description
    80CCD(1B) NPS Contribution

    Enter the invested amount in Section 80CCD (1B) Additional contribution NPS or other pension schemes notified by the central government.

    Note:

    Enter the total value if there are multiple investments made in this investment category.

  2. Submit the details of the pension fund investments.