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Pensioners related

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51 Points Posted on 14 December 2020
If one person is getting two pensions, one for himself and one for family pension, will he get any exemption?
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On 14 December 2020 at 21:58 Report
Replies (8)
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Accountant
3662 Points Posted on 14 December 2020
No Exemption as per your query if two pensions received by you

How can you receive two pensions ?
9 Reply
On 14 December 2020 at 22:27
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51 Points Posted on 15 December 2020
Sir ji,,
Does it mean that he has to calculate both the pensions and pay the tax?
1 Reply
On 15 December 2020 at 07:28
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377 Points Posted on 15 December 2020

yes. on one pension std deduction is ok I suppose but second pension no deduction

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On 15 December 2020 at 19:25
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51 Points Posted on 15 December 2020
Thnx alot sir ji
1 Reply
On 15 December 2020 at 20:00
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Tax consultant
5895 Points Posted on 16 December 2020
One pension which he get himself is shown under salary will get standard deduction on it
the second one family pension will shown under income from other sources
rs 15000 or 1/3rd of family pension received whichever is less is exempt from tax
57 Reply
On 16 December 2020 at 16:33
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51 Points Posted on 16 December 2020
Ayusmita ji thnku for information
respect🙏
1 Reply
On 16 December 2020 at 17:33
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Tax consultant
5895 Points Posted on 16 December 2020

Welcome 😊 

Just remember you have to deduct the lowezt out of two from family pension and shows it

57 Reply
On 16 December 2020 at 18:01
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51 Points Posted on 16 December 2020
Ok i will remember
1 Reply
On 16 December 2020 at 18:09


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