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Hike in employer's contribution to NPS is good news for salaried but this tax deduction is still missing

Hike in employer's contribution to NPS is good news for salaried but this tax deduction is still missing

NPS Employer contribution hike: Budget 2024 has increased the deduction available on the employer's contribution to the NPS account under the new tax regime to 14%. This is a good news for the salaried individuals. However, one important NPS deduction for salaried individual is still missing under the new tax regime.

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