if any govt employee is recieved Rs 47 lakhs after deducting Rs1.8 lakh income tax on his overall retirement fund afterwards he has kept around 30-32 lakhs in his pension account, whether any additional income tax will be charged to him on his funds kept in pension account ?
pls explain.
Menu
Income tax on retirement funds
Replies (1)
No, not while investing in pension fund. But IT will be levied as per slab rate over the annuity received.
Recent Topics :
- Who will take FSSAI AND TRADE LICENSE: owner or te
- E Way Bill in respect of Without Bringing Material
- FAST DS 2026 query
- Consultation
- E-way notices for FY 22-23
- Gst file not created
- Regarding 3CEB query
- Omitted E-Commerce Sales Reported in Table 14 but
- Omitted sales shown in GSTR-1 Table 14 but not in
- EWAY BILL TAKE OUT OF OTHER COMPAMY
Related Topics :
CAclubindia
