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    HomeNewsBusinessPersonal FinanceLast-minute tax saving: How to open an NPS account online, claim deductions of up to Rs 50,000

    Last-minute tax saving: How to open an NPS account online, claim deductions of up to Rs 50,000

    Section 80 CCD(1B) offers an additional deduction of Rs 50,000 – over and above the Rs 1.5-lakh section 80C limit – for investing in NPS. You can open an account online and invest before March 31 to claim these deductions.

    Preeti Kulkarni
    March 19, 2024 / 15:59 IST
    How NPS can help you avail of additional deductions of up to Rs 50,000 under section 80CCD(1B)
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