NPS Employer Contribution which come under section 80CCD(2)

This query is : Open

Ratheesh (Querist)
Follow

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

Ratheesh

Ratheesh (Querist)
Follow

17 May 2021 Please reply for me this ASAP

CMA Poornima Madhava

CMA Poornima Madhava (Expert)
Follow

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