Miltry retirement tax



Querist : Anonymous (Querist)
10 August 2018
MIlitry retirement after how much tax want to paid??
75% of pension - medical allowance correct?
or fully exempt
please reply
Thanking you


KAVIRAJA ADDANGADI (Expert)


Click to Talk 10 August 2018
Questions not clear, Military retirement or pension exceeds taxable limit above 2.5 lakhs is taxable , no relaxations to military personnel. Retirement proceeds Gratuity, Leave encashment etc exempt applicable limit u/s 10.


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