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NPS contribution accounting effect in books

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(Querist)
06 September 2023 I wanted to know accounting effect of below transaction.
Employee from my company wants to deduct the amount from his salary and want to contribute this amount to NPS.
How do i show this transaction in my books?
Please advise 🙏
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RAJA P M

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RAJA P M (Expert)
06 September 2023 Deduct the said amount from his salary account and pay the amount to required scheme...

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