TCS
TCS
on
JumpyBanana
JumpyBanana
20mo
by

Nps

Hi, has anyone here subscribed to nps through corporate? Just need a clarification reg this. We know employer contributes 10% of basic to epf. But added to epf, does employer also contribute to nps? If so, how do we check employer's contribution statement?

20mo ago
DerpyCupcake
DerpyCupcake
17mo

No, it does not work like PF Account.

When you modify BOB, the amount is credited in your NPS account as an employer contribution. So, it's just that amount get removed from your cash in hand to NPS

GigglyKoala
GigglyKoala
20mo

Not automatically. As an option it is available, but you need to opt in

JumpyBanana
JumpyBanana
20mo

Hi, can you explain more about opting in? Are you saying we need to enrol in the corporate NPS? Because that's done already and nps gets deducted from salary. I am only doubtful if company also contributes to nps or if it's just our contribution

Discover more
Curated from across