tax Archive
23 Mar 2014
What are the Advantages of Saving into Pension?
These are two advantages of saving into Pension: 1- Tax Relief – The taxman will give following tax relief (under Sections 80C, 80CCC and 80CCD) to your pension contribution. The limit for maximum deduction (As per Section 80CCE) available under Sections 80C, 80CCC, and 80CCD (combined together) is Rs. 1,00,000/- (Rs. one lac only). 2-