Pensioners related

If one person is getting two pensions, one for himself and one for family pension, will he get any exemption?
Replies (8)
Quick Summary
This discussion clarifies tax implications for individuals receiving two pensions, one personal and one family pension. While a standard deduction is typically available for the personal pension under salary income, the family pension is treated as income from other sources. A specific exemption applies to family pensions, allowing for the deduction of ₹15,000 or one-third of the pension received, whichever is less. Both pensions need to be declared and taxed accordingly.

No Exemption as per your query if two pensions received by you

How can you receive two pensions ?
Sir ji,,
Does it mean that he has to calculate both the pensions and pay the tax?

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

Thnx alot sir ji
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
Ayusmita ji thnku for information
respect🙏

Welcome 😊 

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

Ok i will remember

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