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Clarification on Deduction of NPS during April-2020 to August-2020
Govt. have issued clarification vide Circular No.22/2020/Din Dated 06/05/2020 for the deduction of NPS contribution during Salary deferment period of April 2020 to August 2020. Only 10% of actually received Basic Pay and Dearness Allowance is to recovered as NPS Contribtion of Employees as per GO(P)No.20/2013/Fin dated 07/01/2013. Hence proportionate deduction of NPS shall be made during salary deferment period of April-2020 to August-2020. Download GO for more details.
