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prashlearns
works at
Moong Labs
Is it wise decision to make the employer contribute to NPS (by deducting the amount from my basic salary) to save on taxes.
I have recently joined an organization and in my CTC breakup, there is no mention of employer's contribution to NPS, only EPF is there.
I enquired & got to know that it's possible, employer can contribute to NPS from my CTC.
Want to know if it's a wise decision to make that happen, as ~10%-15% of basic salary can be contributed to NPS by employer & all that amount will be exempted from Tax so, I'll save on taxes under the New Regime (as per Budget 2025) but drawback is I'll not be able to get NPS contributed amount to use until I retire.
My thought are instead of letting go that entire amount in taxes better to have it in NPS & use it after retirement.
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How is Moong Labs to work for?
Moong Labs is rated 1.8 out of 5, based on 2 reviews by employees on AmbitionBox.
Moong Labs is known for Salary which is rated at the top and given a rating of 3.0. However, Job security is rated the lowest at 1.0 and can be improved. To know first hand how it is like to work at Moong Labs read detailed reviews based on various job profiles, departments and locations in the reviews section.
How is the salary at Moong Labs?
According to AmbitionBox ratings, Moong Labs employees rate its salary and benefits as 3.0 out of 5. You can know more about Moong Labs Salaries at AmbitionBox
How is the work culture at Moong Labs?
Work culture is rated 1.8 at Moong Labs by 2 employees. While job security is rated 1.0 and work-life balance is rated 2.2 at Moong Labs. Read detailed reviews by employees of Moong Labs on AmbitionBox.
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