How to Set Up NPS for Your Organization | Workwisely

Setting up NPS for your Organization

NATIONAL PENSION SCHEME

Setting up NPS for your Organization

Onboard your organization to NPS — register with NSDL, link corporate account, and activate employee tiers.

NPS setup
👥 WHO USES THIS
▸Payroll admins onboarding NPS
▸Finance linking corporate accounts
▸HR enrolling employees
✨ WHAT YOU'LL ACHIEVE
▸Register your corporate NPS account
▸Activate contribution tiers
▸Go live with NPS-enabled payroll

  • Navigate to Tax and Statutory Compliances → Statutory Components → NPS

  • Click the Edit icon.

  • Set the contribution rates for Employee and Employer shares, and enable the option to include NPS in arrear calculations.

  • Save Configuration.


Fig: National Pension Scheme


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