i want to know that in cps deduction both employee and employer contribution allowed for deduction? 10% of salary for both the employee and employer.
F.No275/192/2009-IT(B)
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i want to know that in cps deduction both employee and employer contribution allowed for deduction? 10% of salary for both the employee and employer.
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Contributory Pension Scheme (CPS) is the scheme of the state governments therefore, you need to visit concerned state government's scheme for details.
For central government’s pension scheme visit: http://pensionersportal.gov.in/
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