Pension from railway is taxable??

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26 Points Posted on 15 December 2021
pension received from central govt is taxable, if so what is the total deduction
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On 15 December 2021 at 12:00 Report
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This discussion clarifies that pensions received from the central government, including railway pensions, are generally taxable. A standard deduction of £50,000 per annum is permissible. When filing your tax return (ITR), you should declare the uncommuted pension amount under the 'Income from Salary' head, and the standard deduction will be automatically applied.

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SEO Sai Gr. Hosp.
212572 Points Posted on 15 December 2021

Uncommuted pension or any periodical payment of pension is fully taxable as salary.

Standard deduction of Rs. 50,000/- PA is allowed.

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On 15 December 2021 at 12:15
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Company Secretary
7085 Points Posted on 15 December 2021
When You Report in your itr show as a uncommuted amt of Pension under the head Income from Salary and a Standard deduction of Rs 50000/- will be allowed
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On 15 December 2021 at 12:56

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