NPS will now get 14% deduction at the contribution of staff – FM NIRMALA SITHARAMAN RAISES DEDUCTION on Employers Contribution to fourteen P.c in NPS

Funds, Trade

Finance Minister Nirmala Sitharaman mentioned within the Union Funds that now the employer’s NPS account gets deduction at as much as 14 according to cent of the elemental wage. The restrict of deduction at the first workforce contribution was once 10 according to cent