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Nps

(Querist) 18 March 2015 This query is : Resolved 
Our Company enrolled for NPS last year and I become a member.
My company has reduced my Additional allowance by the value of 10% basic. And is deposited in the NPS.
My Income /saving ( Form 16) shows reduced total salary by 10% of basic and does not show the contribution against 80-CCD(II).
My questions are
(1)Is this the correct method of showing the NPS.
(2)Will this affect me when I want to withdraw the final amount.
(3)With the new IT rules from 2015-16 how do I get the extra benefit of Rs 50,000/+
Report Abuse
R.K Nanda (Expert) 18 March 2015
consult tax lawyer.
Kappil Cchandna (Expert) 18 March 2015
Sir,

Speak to CA Karan Chandna 9871563826....

Regards
Devajyoti Barman (Expert) 19 March 2015
you can post the query in caclubindia.com for sutable reply and assitance.

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