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80 CCC in 2015 budget

Income Tax - Started By: - sunu m - Dated:- 9-3-2015 Last Replied Date:- 12-3-2015 - 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 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% of basic. So does it mea .....

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