Nps contribution sec 80ccd1b

80CCd(1b) is available only of your limit in 80C is exhausted.

You have invested 132000 in 80C does this include 78000 of NPS or is it seperate. It is quite confusing.

If it's over and above 132000 then it means that your total contribution is 210000 and which means you are eligible for deduction u/s 80CCD(1b).

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 hello Sir,

1. Deduction limit u/s 80C is up to Rs. 150000, you can claim Rs. 18000 {150000 minus 132000} deduction u/s 80c from your own NPS contribution.  

2. Deduction limit u/s 80ccd(1b) is up to Rs. 50000. Your remaining contribution after adjusting u/s 80C is Rs. 60000 {78000 minus 18000}. However, you can claim only Rs. 50000 u/s 80ccd(1b) and Rs. 10000 {60000 minus 50000} added to your taxable Income.

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Yes you can do that.

Up to rs. 50000 you can claim u/s 80ccd(1b) and remaining NPS Contribution Rs. 10000 became the part of your taxable income.

Yes, you can do so and claim deduction in both the section.

Dear Sir,

Hope you are doing well !!

You can claim  an additional deduction of up to Rs 50,000 for the amount deposited by you to your NPS account. 

Yes, you can claim deduction under both sections.

Hi

Yes it can be done.

Hope it helps 

Hi,

Yes, you can do that and claim the both exemption.