Under which section can an individual claim a deduction for contributions made t

Under which section can an individual claim a deduction for contributions made to the National Pension Scheme (NPS)?

Under which section can an individual claim a deduction for contributions made to the National Pension Scheme (NPS)?

Step 1: Understand that the National Pension Scheme (NPS) is a retirement savings scheme.
Step 2: Know that individuals can save money for their retirement through NPS.
Step 3: Learn that the government allows individuals to reduce their taxable income by claiming deductions for their NPS contributions.
Step 4: Identify the specific section of the tax law that provides this deduction.
Step 5: Find out that the relevant section for claiming this deduction is Section 80CCD.

No concepts available.