Can NPS Vatsalya help you get Rs 2 lakh tax deduction like NPS? Read the fine print carefully before inves

Individuals have already started investing in NPS Vatsalya and there is a lot of confusion about whether they will get the tax benefits for NPS Vatsalya that they can avail for NPS..

You can claim tax deductions against NPS under three sections of the Income-tax Act, 1961 in India: Sections 80CCD (1), 80CCD (1B), and 80CCD (2)..

Section 80CCD(1) of the Income-tax Act, 1961, provides a deduction from your gross total income for contributions made to the NPS..

There have been media reports claiming subscribers can claim tax benefits under Section 80CCD(1) and Section 80CCD (1B) of the Income-tax Act, 1961 for investing in NPS Vatsalya...

The Pension Fund Regulatory and Development Authority (PFRDA) told ET Wealth Online that it is yet to issue a tax notification for NPS Vatsalya...