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Former Member
May 26, 2016 at 03:27 AM

NPS calculations

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Hello Experts

We have below values in RT tables

PF

3,696.00 (monthly) *12=44,352.00

NPS basis for all wage types

30,800 (all wage types)*12 =369600 (10% of this 36960)

NPS amount entered = 71000 in Infotype 585

We are getting in Payslip Chapter6 is 155,352.00

But my finance team claiming that PF+NPS amount ( 44352+71000) should be 115352.

Need clarifications on this like how this is calculated in different scenarios

Reg

K