PFRDA seeks tax breaks for employers’ NPS flows
MUMBAI: The pensions regulator has requested increased tax breaks on employer contributions to employees’ pensions, aiming to align it with the tax treatment of employer contributions to the provident fund.Currently, the employer’s provident fund contribution, for the employee’s benefit, is deductible up to 12% of the salary (basic + DA), capped at Rs 7.5 lakh, … Read more