The Principal Accounts Office (PrAO)/ Directorate of Treasury & Accounts (DTA) act as the oversight authority in NPS monitoring. As per the Standard Operating Procedure for NPS, the PrAO/ DTA is required to discharge several functions, most of which are in the nature of monitoring performance of the registered Nodal Offices under its jurisdiction. The nature of activities required to be carried out by the
PrAO/ DTA may be summarized as under:
PAO/ CDDO/ DTO is responsible for carrying out the following activities:
DDO is responsible for carrying out the following activities:
FATCA stands for the Foreign Account Tax Compliance Act. It is a new piece of legislation to help counter tax evasion in the US.Introduced by the United States Department of Treasury (Treasury) and the US Internal Revenue Service (IRS), the purpose of FATCA is to encourage better tax compliance by preventing US persons from using banks and other financial organizations to avoid US taxation on their income and assets.India has signed inter-governmental agreements (IGAs) relating to FATCA compliance with the United States government.
As per NPS Trust guidelines, Subscribers registered under NPS on or after July 1, 2014 are mandatorily required to submit FATCA Self–certification. As instructed by NPS Trust, in the event of non-submission of FATCA Self-Certification by a subscriber, restrictions on voluntary contribution, Tier 2 contribution and withdrawal will be imposed on his/ her NPS account.
As per NPS Trust guidelines, Subscribers registered under NPS on or after July 1, 2014 are mandatorily required to submit FATCA Self–certification. As instructed by NPS Trust, in the event of non-submission of FATCA Self-Certification by a subscriber, restrictions on voluntary contribution, Tier 2 contribution and withdrawal will be imposed on his/ her NPS account.
At present, subscriber is able to update the FATCA self-certification online through login in CRA system (cra-nsdl.com) and nodal offices can update (Screen based) FATCA self-certification on behalf of subscriber through their CRA login. Now, functionality is being made available to all nodal offices (PAO/DTO/DTA-In case of Centralized mode offices) for uploading of FATCA status for multiple subscribers through bulk file upload in the CRA system.
Mentioned below are the views/ downloads and reports available to the PrAO/ DTA:
Sr. No. |
Function/Activity Name |
A. |
Views & Download: |
1 |
Transaction Statement |
2 |
Voluntary Contribution Statement |
3 |
e-PRAN Card |
4 |
Subscriber details view* |
5 |
List of underlying Subscribers / DDOs / PAOs |
6 |
Views of various Circulars and SOPs |
7 |
PrAO details view |
8 |
PAO details view |
9 |
DDO details view* |
10 |
Inbox Notification for pending requests |
11 |
CRA service charges bill |
B. |
Dashboard Reports: |
1 |
Executive Summary (Registration & Contribution) |
2 |
Subscriber Registration |
3 |
Subscriber Contribution (Status of SCF Upload) |
4 |
Comparison of Monthly Contribution |
5 |
Monthly Subscriber Contribution Credit |
6 |
Performance Tracker related to SCF processing |
7 |
Contribution Credit for Financial Year |
8 |
Grievance raised against offices |
9 |
NIL Credit Report |
10 |
Report on Subscriber Exiting NPS |
11 |
Exception Reports |
C. |
Additional Reports: |
1 |
Exception Report-PAO Performance |
2 |
Withdrawal Exit Claim ID Report |
3 |
Credit Analysis |
4 |
Subscriber Contributions Comparison |
5 |
Subscriber Contributions List |
6 |
Pending Match Contribution Files |
* Marked functionalities are available for DTAs only. |
Mentioned below are the views/ downloads and reports available to the PAO/ DTO:
Sr. No. |
Function/Activity Name |
A. |
Views & Download: |
1 |
Transaction Statement |
2 |
Voluntary Contribution Statement |
3 |
e-PRAN Card |
4 |
Subscriber details view |
5 |
Statement of Holding |
6 |
Subscriber Retirement details |
7 |
List of underlying Subscribers / DDOs / PAOs |
8 |
Views of various Circulars and SOPs |
9 |
PrAO details view |
10 |
Document Management System - View |
11 |
S1 Form submission details |
12 |
Inbox Notification for pending requests |
13 |
CRA service charges bill |
14 |
Various Dashboard reports |
B. |
Dashboard Reports: |
1 |
Subscriber Registration Report |
2 |
Monthly Subscriber Contribution Credit |
3 |
Performance Tracker of SCF |
4 |
Contribution Credits for Financial Year |
5 |
Exception Reports |
C. |
Additional Reports: |
1 |
Withdrawal Exit Claim ID Report |
2 |
Subscriber Contributions Comparison |
3 |
Subscriber Contributions List |
Mentioned below are the views/ downloads available to the DDO: