NPS Tier II Tax saver scheme 2020 & Benefits

This document outlines the NPS Tier II Tax Saver Scheme 2020, a regulation enabling Central Government employees to claim tax benefits under Section 80C of the Income-tax Act, 1961. It details the scheme's applicability, definitions, and investment requirements, including a minimum contribution and a three-year lock-in period. This information is crucial for government employees looking to maximise their tax savings through NPS investments.

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