https://www.taxtmi.com/news?id=17550 Subscribers may transfer balances from recognised Provident Funds or Superannuation Funds to an active NPS Tier I account by requesting the transferring trust to effect transfer per the trust deed and Income Tax Act. Government transfers should be issued in the nodal office name with the employee's PRAN; private-sector or All Citizen Model transfers should be routed via the POP collection account with the subscriber's PRAN. The transferring trust must coordinate with the employer or POP for upload and credit. Transferred amounts are not treated as current-year income and are not current-year contributions for tax deduction purposes. en-us Tue, 07 Mar 2017 18:54:33 +0530 Tue, 07 Mar 2017 18:54:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=17550 Subscribers may transfer balances from recognised Provident Funds or Superannuation Funds to an active NPS Tier I account by requesting the transferring trust to effect transfer per the trust deed and Income Tax Act. Government transfers should be issued in the nodal office name with the employee's PRAN; private-sector or All Citizen Model transfers should be routed via the POP collection account with the subscriber's PRAN. The transferring trust must coordinate with the employer or POP for upload and credit. Transferred amounts are not treated as current-year income and are not current-year contributions for tax deduction purposes. News - Tue, 07 Mar 2017 18:54:33 +0530 https://www.taxtmi.com/news?id=17550