Double Taxation of Employer’s Contribution in NPS (National Pension Scheme) by the Finance Act, 2020

Contribution in NPS (National Pension Scheme) account of the employee is includible in the taxable income of an employee-assessee as ‘salary’ and even thereafter, by the Finance Act, 2020, an amendment has been made in the definition of ‘perquisite’ so as to include such contribution therein also in certain circumstances.

from taxmann.com News https://www.taxmann.com/topstories/222330000000020571/double-taxation-of-employer’s-contribution-in-nps-national-pension-scheme-by-the-finance-act-2020.aspx