Employers contribution of NPS

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  1. CA Jayakumar M G

    CA Jayakumar M G New Member

    Hi experts
    Please advice the tax treatment of NPS of employers contribution for teachers of aided colleges in Kerala.Employer is contributing equal amount of employees contribution .Whether the contribution by employer is to be included as salary and deduction to be claimed u/s 80 CCD (2).Please also advice from where the employee will get the details of contribution by employer
    Rgds
     
  2. ZED

    ZED Well-Known Member

    As per S.17, employer's contribution is to be included in the salary ,and then deduction may be claimed u/s 80CCD(2)

    Form 16.


    Even employees contribution is to be considered while computing salary income but deduction may be claimed later u/s 80CCD(1) and/or 80CCD(1B)
     
  3. CA Jayakumar M G

    CA Jayakumar M G New Member

    If Form 16 is silent on employers contribution of NPS what to do?
     
  4. ZED

    ZED Well-Known Member

    Ask the employer. Normally it would be of the same amount as is contributed by the employee. Also check the balance in the fund/scheme.
     
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