NPS contribution accounting effect in books
This query is : Open
06 September 2023
I wanted to know accounting effect of below transaction.
Employee from my company wants to deduct the amount from his salary and want to contribute this amount to NPS.
How do i show this transaction in my books?
Please advise 🙏
Employee from my company wants to deduct the amount from his salary and want to contribute this amount to NPS.
How do i show this transaction in my books?
Please advise 🙏
06 September 2023
Deduct the said amount from his salary account and pay the amount to required scheme...
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