DoE: Compensation for non-deposit or delayed deposit of contribution under National Pension System (NPS) during 2004-12 No.1(21)/EV/2018 Government of India Ministry of Finance Department of Expenditure (E-V Branch) North Block, New Delhi the 12th April, 2019 Subject:   Compensation for non-deposit or delayed deposit of contribution under National Pension System during 2004-12 The undersigned is directed to invite attention to the guidelines issued by Controller General of Accounts, Ministry of Finance, Department of Expenditure, vide OM No.1(7)/2003/TA/Part file/279 , dated 02.09.2008 for streamlining of procedure for remittances of contributions under the National Pension System (NPS) by PAOs/CDDOs and NCDDOs which provides, inter-alia, the detailed procedure for t he purpose of crediting of the NPS contribution to the NPS Trustee Banks so as to ensure that the contribution is credited to the NPS regulatory system as per the timelines prescribed therein without delay. ...

Gazette Notification – NPS Contribution 14% of Basic Pay plus DA by the Central Government “The monthly contribution would be 10 percent of the Basic Pay plus Dearness Allowance (DA) to be paid by the employee and 14 percent of the Basic Pay plus DA by the Central Government” Streamlining the Implementation of National Pension System (NPS) MINISTRY OF FINANCE (Department of Financial Services) NOTIFICATION New Delhi, the 31st January, 2019 F. No. 1/3/2016-PR. – In partial modification of para 1(i) of Ministry of Finance’s Gazette Notification No. 5/7/2003-ECB-PR dated 22nd December, 2003, based on the Government’s decision on 6th December, 2018 on the recommendations of a Committee set up to suggest measures for streamlining the implementation of National Pension System (NPS), the Central Government makes the following amendments in the said notification, namely : (1) In para I (i) of the said notification, for the words “The monthly contribution would be 10 per...