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Employees will contribute 10% of their basic pay plus dearness allowance.
The government’s contribution will also increase from 14% to 18.5%.
Of this 18.5% contribution, 8.5% will be allocated to a separate Guarantee Reserve Fund, designed to cover any potential shortfalls in commitments.
In NPS, the government contribution is 14% of pay.Boost sales by leveraging AI powered predictive analytics for better decision making Blockchain Investments: Low Risk, High Rewards