EPFO PENSION TAXABILITY

Is EPFO pension received by retired private company employees taxable?  

Replies (5)
Quick Summary
This discussion explores the taxability of pensions received from the Employees' Provident Fund Organisation (EPFO) by retired private company employees. While some believe it's not taxable as it's funded by employee contributions, the prevailing view is that EPFO pensions are indeed taxable. They are treated as salary income, and the standard deduction of up to £50,000 may apply.

I think it is taxable

Thanks Sourav.  There is a strong view that since this pension is paid by EPFO out of the money that has been recovered from the employee, it is not taxable.

EPFO Pension is Taxable and treated as Salary with the Employer Name as the one mentioned on the PPO.

EPFO Pension is Taxable and treated as Salary with the Employer Name as the one mentioned on the PPO. Standard deduction of maximum Rs 50,000 is also applicable.

Agree with JS

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
13 October 2026
Accountant

Zerdi & Co. Chartered Accountants

Pune

B.Com

View Details
Company
12 October 2026
AUDIT , ACCOUNTS AND TAXATION

KDSS

New Delhi

B.Com

View Details
Company
08 October 2026
Accounts and Tax Associate

POOJA R TELI & CO

Pune

CA Inter

View Details
Company
18 September 2026
Accounts & Finance Specialist

ULTRA CHEMICAL WORKS

Thane

CA Final

View Details
Company
19 September 2026
Finance Manager

Mugdha Art Studio

Hyderabad

CA

View Details
Company
ARTICLESHIP 28 September 2026
Junior Accountant

J S P M & Associates LLP

Pune

B.Com

View Details
Company
05 October 2026
Senior Accountant

Vision IT Peripherals Pvt Ltd

Mumbai

B.Com

View Details
Company
ARTICLESHIP 21 September 2026
CA Article Assistant

KK & Company Chartered Accountant

Pune

CA Inter

View Details