Atal Pension Yojna eligible for income tax deduction

The government recently notified Atal Pension Yojana as eligible for deduction under section 80CCD(1).

Which means besides NPS, deduction under section 80CCD(1B) of Rs 50,000 can be claimed for contributions to Atal Pension Yojana as well.

[This is as per Notification No. 7 /2016, F.No.173/394/2015-ITA-I of the CBDT ]

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