|Section||Deduction allowed||Amount||Who can claim|
|80CCD(1)||Employee contribution upto 10% of the basic + DA||Upto INR 1.5 lakhs including other 80C deductions||Employees. Self-employed can claim 20% of their annual income.|
|80CCD(2)||Employers contribution upto 10% of basic + DA||Employers Contribution (No Cap)||Only salaried individuals and not self-employed.|
|80CCD (1B)||Additional benefit of INR 50,000 over and above the benefit in 80CCD (1)||Upto INR 50,000||Employee, self-employed or general citizen.|
- when you withdraw before 60 years.
- When subscriber turns 60