Tag Archives: National Pension System 20% deduction

20% deduction under NPS Scheme to Self-employed individuals w.e.f AY 2018-19

By | February 12, 2017

Deduction for National Pension System [Section 80CCD – Applicable from Financial Year 2017-18 ( Assessment Year 2018-19) ] Rationalisation of deduction under section 80CCD for self-employed individual The existing provisions of section 80CCD of Income tax act provides that employee or other individuals shall be allowed a deduction for amount deposited in National Pension System trusts… Read More »