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If you want to save a lot of tax then invest here, money will not only be saved but will grow day and night.

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News 18

To save tax, you can invest in National Pension System i.e. NPS. Tax exemption is available on the investment made in this scheme under Section 80CCD (1), Section 80CCD (1B) and Section 80CCD (2) of the Income Tax Act, 1961. Under section 80CCD (1B), you can be entitled to an annual tax deduction of Rs 50,000 by investing in NPS. This is in addition to the tax exemption of Rs 1,50,000 lakh under Section 80C.

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