NPS Monthly pension

Hello experts,

The monthly annuity received under NPS are taxable under which head- Salary or IFOS?
Replies (5)
Quick Summary
This discussion clarifies the tax treatment of monthly annuities received under the National Pension System (NPS). Experts advise that NPS annuity income is generally taxable under 'Income From Other Sources'. However, if the amount is significant, it can also be declared under 'Income from Salaries'.

Income From Other Sources...      

Salaries
Income from Other Sources , however if amount is material enough, you can also declare it under Income from Salaries.
@ Ca Rashmi Gandhi mam, even if it is received from bank, can we show it under salary?
Yes you can show it.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 27 October 2026
semi-qualified CA

Saini Pati Shah & Co LLP, Chartered Accountants

Mumbai

CA Final

View Details
Company
Featured ARTICLESHIP 28 October 2026
CA- Inter and Articles

N N V Satish & Co.,

Hyderabad

CA Inter

View Details
Company
Featured 29 October 2026
Accounts Executive

Synergy Keystone

Chennai

B.Com

View Details
Company
ARTICLESHIP 29 October 2026
Article Assistant (CA Inter / CMA Inter) - Thrissur

Varma Raja & Associates

Thrissur

CA Inter

View Details
Company
ARTICLESHIP 20 October 2026
CA ARTICLE

AMKN & CO

Noida

CA Inter

View Details
Company
ARTICLESHIP 14 November 2026
Articleship Assistant

B Thejas and Associates

Bengaluru

CA Foundation

View Details
Company
ARTICLESHIP 23 October 2026
Articled Trainee

J Y & CO

Hyderabad

CA Inter

View Details
Company
10 November 2026
Direct Tax Manager

CAAQ CONSULTANCY PVT LTD

New Delhi

CA Final

View Details