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Yep
Is it the employer contribution to NPS that's being referred to here?
Chief
Yes what is this 1250 amount
I assume this is paid by employer why it is deducted in my payslip
OK it's EPS and not NPS
It's part of the CTC structure where Employer PF contribution is also deducted from total CTC.
Some companies do have EPF over and above ctc. For such companies, it would be paid by the employer.
Chief
Yes that's employee contribution that is part of CTC
Employer contribution is done by company
First time I'm seeing 1250 amount being deducted for pension