Section mapper · Deductions you claim
Section 80CCD(1B) of the Income-tax Act, 1961 is now
section 124 of the Income-tax Act, 2025
The extra ₹50,000 NPS deduction.
- Was
s.80CCD(1B), Income-tax Act, 1961 (repealed)- Is now
s.124(3) and s.124(4), Income-tax Act, 2025- In force from
What changed
Renumbered. Section 124(3) carries the ₹50,000 additional deduction, and 124(4) extends it to a minor's NPS account with the ₹50,000 shared between the two.
Where this comes from
Read from egazette.gov.in on , and re-checked against the enacted Income-tax Act, 2025 (Act No. 30 of 2025, assented 21 August 2025, in force 1 April 2026). This dataset is re-verified quarterly. The whole method is on our methodology page.
Sections people look up next
- s.80CCD(1) → s.123 — Your own NPS contribution — 10% of salary, inside the ₹1.5 lakh cap
- s.80CCD(2) → s.124 — Your employer's NPS contribution — the one deduction that survives in the new regime
- s.80C → s.123 — The ₹1.5 lakh basket — EPF, PPF, ELSS, life insurance, tuition fees, home loan principal