Paragraph match score 79.7%
Page A-713
Tax Benefits Available Under NPS (National Pension System)
Tax benefits on employer contributions: Allowed as a deduction under Section 124 (previously Section 80 CCD(2)) up to 10% of salary (Basic + DA) (14% if the Central Government makes such a contribution) over the ₹1.5 lakh cap stipulated under Section 123 (previously Section 80 CCE).
Page A-750
PRAN and Tax Benefits Under NPS
Section 124(1) of the Income Tax Act, 2025 (previously Section 80CCD(2) of the Income Tax Act, 1961): Employer contribution up to 10% of basic + DA