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NPS- employer Contributions

TDS / TCS 83 views 1 replies

manikandan aiyaswami

8 Points Posted on 11 June 2026

i am retired from NPCIL -MAPS in Jan 1963, new pension plan created in 2025 by our company . 12% of basic +DA to be deposited from Jan 2007 to upto retirement as a employer contributions . i am having any pension from NPCIL. ie no income except bank interest . if i not submitteed to 10E for provisous years,employer 12% contributions to reflect in income tax. please explan. in service period i am not no NPS a/c. NPS a/c opened for this purpose in May 2025. if employer contributions exceed 7.5 lakhs ( from 2007 to jan 2023) , how to show in income tax full contributions or exceed 7.5 lakhs only as a income.

Replies (1)

Aashok FC Advisory

Finance Compliance Consultant

1009 Points Posted on 11 June 2026

The Rs. 7.5 lakh threshold for employer contributions became active in 2020. Retrospective contributions should not be taxed under these rules for years prior to that. If this lump sum is treated as "salary arrears," you should utilize Form 10E to claim tax relief under Section 89(1). You must get a clear, written clarification from your employer regarding the nature of this deposit and whether they have categorized it as taxable salary/perquisite before you file your income tax return.