Are pensions from govt taxable?

Jitendra Gaur (ACCOUNTANT) (47 Points)

20 May 2018

pensions from government after retirment are taxable.

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8 Replies

Jatin (Accountant) (3479 Points)
Replied 20 May 2018

Income from pension is taxable if your pension is above 2,50,000, 3,00,000 in case of Senior Citizen

Ashok Soni (6 Points)
Replied 20 May 2018

pension amount from epfo is taxable?

Jitendra Gaur (ACCOUNTANT) (47 Points)
Replied 20 May 2018

ANY ARMY PERSON???

Jatin (Accountant) (3479 Points)
Replied 20 May 2018

All types of pensions are taxable under IT if above Basic Exemption Limit

rama krishnan (12244 Points)
Replied 20 May 2018

endorse Jatin sir view

CA S Praveen Kumar Reddy (Chartered Accountant) (2195 Points)
Replied 20 May 2018

Its taxable but only 40%

CA Sunil Kumar (Chartered Accountant) (4524 Points)
Replied 20 May 2018

Pension received by armed force is also taxable but family pension received by family of armed force is exempt.

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rama krishnan (12244 Points)
Replied 20 May 2018

not all family pensions of defence personnel are exempt

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