PFRDA clarification regarding the third party contributions in NPS

The Pension Fund Regulatory and Development Authority (PFRDA) through circular dated August 16, 2021 has issued clarification regarding the third party contributions in Tier II account under NPS. It is clarified that alike in Government sector, the subscribers / employees under NPS Corporate Sector having an arrangement with respective employer, can contribute to their Tier II account by way of salary deductions.

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