01 November 2009
kindly help me to know the treatment of central government's contribution to new pension scheme for government employees. Whether the government's contribution will be included in the total income .
01 November 2009
As per amendment in section 17 ,contribution of employer to CPF is taxable in employees hand .Further the employer's contribution is also eligible for deduction u/s 80CCD in same year.
CAclubindia
