Standard deduction on pension
This query is : Resolved
Quick Summary
Rajkumar Gutti
(Querist)
08 July 2025
I have prof. Income for f. Y. 24-25 yearly 7 lac. & provident fund ( EPF pension ) pension monthly Rs. 4000/- ( Fy. 24-25 = 48000/- )
Total income Prof. Charges & PF pension is yearly
748000/-.
Can I gate standard deduction on EPF pension. If yes, then what amount or proportion.
Pl guide
Total income Prof. Charges & PF pension is yearly
748000/-.
Can I gate standard deduction on EPF pension. If yes, then what amount or proportion.
Pl guide
Dhirajlal Rambhia
(Expert)
08 July 2025
Yes, standard deduction is applicable, here it would be Rs. 48,000-
Dhirajlal Rambhia
(Expert)
26 September 2025
Good luck...
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