banner_ad

Income tax on retirement funds

138 views 1 replies
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.
Replies (1)

No, not while investing in pension fund. But IT will be levied as per slab rate over the annuity received.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details