Accounting entries for national pension scheme - personal books

3254 views 1 replies

I maintain accounts at personal level.

Suppose I have invested Rs 50000/- in NPS on 18-04-2018 and Bank entry shows

18-04-2018 NHDF6232337827/BILLDKNPSTRUST Value Dt 18/04/2018 Ref 181087443260 - Rs 50059.71 CR

NPS RECEIPT SHOWS DATED 18-04-2018

1. CONTRIBUTION AMOUNT = RS 50000.00

2. POP TRAIL COMMISSION + GST = RS 59.00

3. PAYMENT GATEWAY CHARGE + GST = RS 0.71

What accounting entries should I pass in my Books which I maintain at personal level

Thanks in anticipation

Nikhil

 

Replies (1)
NPS A/c Dr.... 50,000 (in asset side)
To bank A/c. Rs 50,000

The txn cost should not be part of NPS since these are just charges by bank.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
29 June 2026
ACCOUNTANT

SANDEEP AASHISH & CO

Araria

B.Com

View Details
Company
12 June 2026
Accounts & Taxation Executive

Winshine Financial Services

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details
Company
22 June 2026
Accountant

Global Image Technologies Private Limited

New Delhi

MBA

View Details
Company
29 June 2026
Accountant (Finance & Compliance)

TRIEYEZ

Kolkata

CA

View Details
Company
ARTICLESHIP 24 June 2026
CA Article Trainee

Rahul Dang & Associates

Pune

CA Inter

View Details
Company
22 June 2026
Finance Manager- Chartered Accountant

Triveni Turbine Limited

Bengaluru

CA

View Details
Company
ARTICLESHIP 27 June 2026
CA Articled Trainee And Paid Assistant

SKAA & Associates

New Delhi

CA Inter

View Details