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Budget 2024: NPS employers' contribution limit should be hiked from 10% to 12%, says PFRDA chief

Ideally, employer’s contribution of up to 14 percent should be eligible for tax breaks, in line with the rules for government employee. However, to start with, it needs to be brought on par with the employees’ provident fund (EPF) contribution limit of 12 percent, feels the pension regulator. ....

Deepak Mohanty , Pension Fund Regulatory , Development Authority , Employer National Pension System , National Pension System , Business Expense , Income Tax Act , Atal Pension Yojana , Nps Tax Benefits , Ps New Regime , Ps Old Tax Regime ,