NPS will now get 14% deduction on the contribution of employees - FM NIRMALA SITHARAMAN RAISES DEDUCTION on Employers Contribution to 14 Percent in NPS

Budget, Business

Finance Minister Nirmala Sitharaman said in the Union Budget that now the employer’s NPS account will get deduction at up to 14 per cent of the basic salary. The limit of deduction on the first staff contribution was 10 per cent