Latest NPS rules 2024: How much tax will you save with new NPS contribution benefit under new regime after Budget 2024?

Latest NPS benefits under new tax regime after Budget 2024: If your basic salary is Rs 1 lakh, your employer can contribute Rs 10,000 (10% of basic pay) to the NPS on your behalf, which is exempt from tax. This deduction will be increased to Rs 14,000.

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