Nps contributions
PANKAJ K. GUPTA
(Querist) 18 May 2016
This query is : Resolved
If employer deducts the NPS amount monthly from the salary BUT does not deposit the same with NSDL continuously for four years and kept it with him in FDR's than (1) should the subscriber be given the interest for that period for which it was not deposited by the employer with NSDL and (2) if yes, at what rate of interest the amount should be deposited with NSDL. Kindly cite the relevant section or circular of NSDL. Pl reply. If the question is not clear, kindly contact me at pkg206@yahoo.com. Regards: Pankaj Gupta
Kumar Doab
(Expert) 18 May 2016
NPS Helpdesk
NEW PENSION SCHEME
Lodge Complaint Here.
21.What is the Time Line of regular upload and Fund Transfer ?
If the remittance is through RTGS/NEFT then it may be ensured that the NPS contributions (Govt. & Employees) should be credited to the account of the Trustee Bank by the PAO on the last working day of each month for that salary month. If the remittance is through a cheque payable to the Trustee Bank, then the same should be delivered to the local branch of the Trustee Bank by the PAO by the 26th of each month marked NPB for the last working day of the month.
http://pcafys.gov.in/pages/display/146-nps-helpdesk
The provision to lodge complaint is on the same page.
Rajendra K Goyal
(Expert) 19 May 2016
Looks examination question / Academic query, state material facts of the problem if any.
How are you concern with the problem if any.
T. Kalaiselvan, Advocate
(Expert) 22 May 2016
I agree with the opinion rendered by expert Mr. Kumar Doab in this regard.
Sudhir Kumar, Advocate
(Expert) 19 May 2016
