NPS Employer Contribution which come under section 80CCD(2)
This query is : Open
17 May 2021
Dear Sir,
As an employer what is the process to start an NPS for my employees. I want to contribute for my employees. So tell me What and all I should do for that. ?
Also once its started how to show in payroll records. Same should be added in Employees Gross Income/ or deduct from their Salary.?
Please answer my queries ASAP
Thanks in advance
Regards
Ratheesh
As an employer what is the process to start an NPS for my employees. I want to contribute for my employees. So tell me What and all I should do for that. ?
Also once its started how to show in payroll records. Same should be added in Employees Gross Income/ or deduct from their Salary.?
Please answer my queries ASAP
Thanks in advance
Regards
Ratheesh
18 May 2021
Link for registration:
https://enps.nsdl.com/eNPS/NationalPensionSystem.html
https://cra-nsdl.com/CRAOnline/getOnlineEntyRegistration.html
Employer's contribution is a business expenses for the employer whereas employee's contribution is part of deductions from salary in the payroll
https://enps.nsdl.com/eNPS/NationalPensionSystem.html
https://cra-nsdl.com/CRAOnline/getOnlineEntyRegistration.html
Employer's contribution is a business expenses for the employer whereas employee's contribution is part of deductions from salary in the payroll
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- CG Tax On residential property
- Applicable TDS for Purchase of Flat from NRI
- Claiming exemption of perquisite for employee-owned car under New Tax Regime in ITR-2
- Under construction property in ITR
- Gift of mutual fund units to daughter
- Not able to file ITR
- NRI ITR2 account in 2025-26 ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,.
- PPF interest-As Exempt Income disclosure
- Upload Level ValidationITR3Category of Defect B/D
- Building tax payment deduction in rental Income
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
