Q: State the limit of Rs 50 thousand under Section 80 CCD of Income Tax Act, 1961 ?

 Ans: In section 80 CCD of income tax act, 1961, the limit is of Rs 50 thousand. In National Pension scheme, a person can get the tax exemption in the limit of Rs 50 thousand in a year under section 80CCD of income tax act, 1961.

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