EX MLA pension

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166 Points Posted on 08 March 2024
sir / madam,

Ex-MLA pension is taxable or not, if taxable upto what extent taxable, pls explain,
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On 08 March 2024 at 11:47 Report
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Quick Summary
This discussion clarifies whether pensions for former MLAs (Members of the Legislative Assembly) are subject to tax. The consensus is that these pensions are fully taxable. One participant notes this situation might lead some to continue working even after retirement.

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Chartered Accountant
86505 Points Posted on 09 March 2024
Fully taxable
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On 09 March 2024 at 07:49
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166 Points Posted on 09 March 2024
Thank u
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On 09 March 2024 at 11:44
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Finance
4592 Points Posted on 09 March 2024

Such a bad situation. I will work even after retirement. 

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On 09 March 2024 at 12:32
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Chartered Accountant
86505 Points Posted on 10 March 2024
Welcome 😊😊😊
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On 10 March 2024 at 21:32

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