New Investment Type for National Pension Scheme (NPS) Vatsalya Contributions
Description
We've introduced a new investment type to capture contributions towards the National Pension Scheme (NPS) Vatsalya scheme, ensuring compliance with the legal change on tax exemption.See More
Detailed Description
Once you adopt this investment type, you can submit your income tax declaration. Configuration Requirements You can import the new investment type from the pre-delivered content available at the Software Download Center. In the previous version, the system did not provide any placeholder to capture the details of contributions made towards NPS Vatsalya.
Impact Assessment
This feature may require configuration review, user communication, and regression testing of related processes in Localization implementations. Once you adopt this investment type, you can submit your income tax declaration. Configuration Requirements You can import the new investment type from the pre-delivered content available at the Software Download Center. Implementation teams should verify that existing configurations remain valid and test core business scenarios after the upgrade to confirm correct behavior.