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
26 September 2026
Chartered Accountant

pushpganga ventures

Pune

CA

View Details
Company
22 September 2026
Account Assistant

Chirag P Shah & Co. Chartered Accountant

Pune

B.Com

View Details
Company
17 September 2026
Chartered Accountant

Dass Gupta & Associates

Gurgaon

CA

View Details
Company
ARTICLESHIP 15 September 2026
Freelance Taxation Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details
Company
30 September 2026
Senior Accounts Executive

Codeboard Technology

Chennai

MBA

View Details
Company
20 September 2026
Semi Qualified CA

Navin & Associates

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 07 October 2026
Article Trainee/ CMA Trainee

RMA And Associates LLP

New Delhi

CA Inter

View Details
Company
10 October 2026
Accounts Associate Level 1

Abic and Mani Chartered Accountants

Kottayam

B.Com

View Details