Pay Period Calendar 2024 Nps Contribution

Pay Period Calendar 2024 Nps Contribution. The budget 2024 has increased the tax deduction limit on employer nps contributions from 10% to 14%, aligning private sector employees with government. Nps contribution limit for employer in private sector raised from 10% to 14% of the employees basic salary.

Subscribers will be allowed to partially withdraw their pensions under nps from february 1, the circular stated. What government employees have earned.