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Hari singh

How to show employer NPS in return...
Sir meri gross salary 551000 rs h. Mera NPS contribution 51000rs h.
Sir agar m 80ccd(1B) me 51000rs ka tax benefit lu. And 80ccd2 me government ke dwara mere NPS account me jama karaye gaye 51000rs ka tax benefit lu . tab kya muje meri gross salary me government ke jama karaye hue 51000rs ko jodkar ...
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Amlan Dutta
Gross salary includes employer NPS contribution ....so , 551000 is inclusive of employer NPS contribution..... when you compute the non exempt allowances ( i.e gross - basic pay for 12 months - exempt allowances), the non exempt allowances contain the employer contribution towards NPS ..so you will ...
  • July 18, 2018
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Kishor

How to show employer NPS in return...
What about salary break up for NPS employees, employer is crediting the 10% of basic and DA in NPS account, and employee getting benefit through deduction in 80CCD(2), so my question is that in which part of salary breakup(salary, non-exempt allowance, profit in lieu of salary), the employer contri...
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Amlan Dutta
It is finally part of the same salary and will form part of non exempt allowances ...basically it is contained in gross salary and once basic and exempt is separated out from gross to arrive at the non exempt allowances , the non exempt allowances contains everything including this NPS.....

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  • July 13, 2018
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