NPS · 80CCD(1B) · ₹50K Extra Deduction

NPS Tax Benefit Calculator —
Save ₹15,600 Extra Tax Every Year

Section 80CCD(1B) allows ₹50,000 NPS deduction ABOVE the ₹1.5L 80C limit. At 30% slab, that is ₹15,600 extra tax saved annually.

Section 80CCD(1B) allows ₹50,000 NPS deduction ABOVE the ₹1.5L 80C limit. At 30% slab, that is ₹15,600 extra tax saved annually.
Enter Details
Amount
₹50,000
₹1K₹1Cr
Rate
30%
1%36%
Period (years)
20 yrs
1 yr40 yrs
Result
₹0
calculated value
Invested
₹0
Returns
₹0
Return %
0%
Rate
0%

Frequently Asked Questions

How much does NPS 80CCD(1B) save in tax?+
At 30% slab: ₹50,000 × 30% + 4% cess = ₹15,600 saved. At 20% slab: ₹10,400. At 10% slab: ₹5,200. This is over and above 80C savings — purely from one investment decision. Over 20 years, ₹15,600/year saved compounds significantly.
What is the difference between 80CCD(1), 80CCD(1B) and 80CCD(2)?+
80CCD(1): Employee NPS — within ₹1.5L 80C limit. 80CCD(1B): Extra ₹50,000 NPS above 80C. 80CCD(2): Employer NPS contribution — no ceiling, deductible in new tax regime too.