I would like to invest in NPS Tier 1, under 80CCD(1B). Will this be eligible for tax deduction to a max of 50K each year?
Is this over and above the 80C, 80CCC and 80CCD(2) contribution, that I have fully invested and exhausted the max limits? My company is already contributing under 80CCD(2) category. pls clarify
However, I would like to understand if there is any scheme in which I can deposit an amount either as a lump sum or over a period of two years which can give regular monthly return of around Rs.15,000/- maybe after 5 years.
Query about NPS scheme for regular monthly return.