Section 80CCD(1B) additional NPS deduction
Stub article on the Section 80CCD(1B) additional NPS deduction. A full encyclopedic entry is pending.
What this article will cover
A full salary-calculator article on the Section 80CCD(1B) additional NPS deduction will cover the extra Rs. 50,000 deduction for an employee’s own contribution to the National Pension System over and above the aggregate ceiling, now Section 124(3) of the Income-tax Act, 2025 after the repeal of the Income-tax Act, 1961 on 1 April 2026, who can claim it, how it interacts with paragraph 1(y) of Schedule XV and the Section 123 limit, why it is available only in the old regime, and how a central government employee should use it, with internal links to neighbouring topics on salary-calculator.in and a references section pointing to primary sources.