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The Budget 2011 proposes to amend section 36 to allow employer contributions towards NPS as deduction, up to 10% of employee salary. Learn more about this important tax change.
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India Budget 2011 VERENDRA KALRA NANGIA & CO. Chartered Accountants
Nangia & Co. Budget 2011
Nangia & Co. Budget 2011
Nangia & Co. Budget 2011
Nangia & Co. Budget 2011
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Nangia & Co. Budget 2011
Nangia & Co. Budget 2011
Nangia & Co. Budget 2011
Nangia & Co. Budget 2011
Nangia & Co. Budget 2011
Nangia & Co. Budget 2011
Nangia & Co. Budget 2011
Nangia & Co. Budget 2011
Nangia & Co. Budget 2011
Nangia & Co. Budget 2011
Presently, the contribution made by an employer towards the NPS is not allowed as a deduction u/s 36. It is proposed to amend section 36 so as to provide that any sum paid by the assessee as an employer by way of contribution toward NPS, on account of an employee to the extent it does not exceed 10 per cent of the salary of the employee in the previous year, shall be allowed as deduction in computing the income under the head "Profits and gains of business or profession”. Nangia & Co. Budget 2011
Nangia & Co. Budget 2011
Nangia & Co. Budget 2011
Nangia & Co. Budget 2011
Nangia & Co. Budget 2011
Nangia & Co. Budget 2011
Nangia & Co. Budget 2011
Nangia & Co. Budget 2011
Nangia & Co. Budget 2011
Nangia & Co. Budget 2011
Nangia & Co. Budget 2011
Nangia & Co. Budget 2011
Nangia & Co. Budget 2011
Nangia & Co. Budget 2011