Miltry retirement tax
This query is : Resolved
Querist : Anonymous
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
75% of pension - medical allowance correct?
or fully exempt
please reply
Thanking you
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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