Please tell me LIC Monthly Pension Received is Taxable or Tax Free ? If taxable than whether any deduction available and if tax free than under which section.
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Lic monthly pension is taxable or tax free ?
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Uncommuted pension received by retiree from superannuation fund, is taxable under head 'salary', subject to standard deduction of Rs. 40,000/- (from AY 2019-20)
ALL PENSION PLANS ARE TAXABLE FRON LIC
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