new pension scheme
This query is : Resolved
12 February 2010
as per the below notification
F.No. 275/192/2009-IT (B)
New Delhi Dated the 9th February, 2010,
the deduction in respect of employer's contribution is restricted to 10% of salary allowable u/s 80CCD, will this be over and above the deduction allowable in respect of employees contribution which is also be equal to 10%
F.No. 275/192/2009-IT (B)
New Delhi Dated the 9th February, 2010,
the deduction in respect of employer's contribution is restricted to 10% of salary allowable u/s 80CCD, will this be over and above the deduction allowable in respect of employees contribution which is also be equal to 10%
12 February 2010
Any contribution in excess of 10% by either party is to be ignored for the purpose of this section
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