How can admin enable the IT declaration item Employer Contribution to NPS for employees?

Created by Product Content Team, Modified on Wed, 18 Jun at 1:27 PM by Product Content Team

The National Pension System (NPS) is a voluntary, defined contribution retirement savings scheme initiated by the Government of India. It is designed to enable systematic savings during the working life of an individual.

To enable/disable IT declaration items, the admin must perform the following actions:

From the greytHR Admin portal, navigate to the Settings icon > System Settings > Income Tax > IT Declaration. The IT Declaration page opens.
In the Category dropdown search box, enter Deductions Under Chapter IV A. A list of items appears.
Under the Description column, select the IT declaration item Employer Contribution to NPS by clicking the checkboxes available under the Visible column.
Click Save to enable/disable IT declaration items. A success message appears.

Looking for More Support?

Find answers and insights across our resources. Refer to our detailed Knowledge Base for in-depth articles, explore our practical video guides, and stay informed with our latest product updates.