ilmscore | NPS Tax Benefits for New Tax Regime Predictions
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For taxpayers under the new tax regime, employee contributions to NPS (under sections 80CCD 1 and 80CCD 1B) are not tax-deductible. This trend is expected to continue, with a projected 90% of taxpayers opting for the new regime in the upcoming year, implying a significant portion will not receive these employee contribution benefits.
"For new tax regime. None of these neither ATCCD one nar ATCCD one be none of them is applicable. So ..."
Jul 2, 2025
Correct