n NISM Certifications
XVII NISM Series XVII
Medium

Under NPS, the employer’s contribution up to 10% of the basic salary and dearness allowance is eligible for deduction under section 80CCD(2), which is allowed to the employee.

Practice question from NISM Series XVII- Retirement Adviser Mock Test 1 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Employer

  2. Employee

    Correct answer

  3. C

    Employer under the Government Model

  4. D

    Both Employer and Employee

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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