|
Exemption under Income Tax Section
|
Amount which can be claimed for Exemption
|
Applicable to
|
|---|---|---|
|
80CCD (1)
|
Up to ₹1,50,000 can be invested and claimed under this section
|
Old Tax
Regime |
|
80CCD (1B)
|
Additionally, upto ₹50,000 can be invested and claimed under this section
|
Old Tax
Regime |
|
80CCD (2)*
|
10% of your basic salary can be invested and claimed under this section 14% of your basic salary can be invested and claimed under this section subject to overall cap of Rs. 7.5 Lakhs* |
Old Tax Regime New Tax Regime |