Tripple income tax benefits on NPS: State employees note: From the financial year 2022-23, state government employees will be eligible to claim a 14 percent tax benefit on contributions to the National Pension System (NPS) made by their employer, according to Finance Minister Nirmala Sitharaman. "Under the existing provisions of the Act, any contribution to the account referred to in section 80CCD of the Act (NPS account) by the Central Government or any other employer shall be allowed as a deduction to the assesses in the computation of his total Read More
The posts listed here are from various news sources and express only early views about Seventh Pay Commission. The SPC report will be published only in April. So dont take these posts for authenticated info.