COMMUTATION OF PENSION AND LEAVE ENCASHMENT

RAJ KUMAR (FINANCE MANAGER) (1393 Points)

15 March 2010  

HELLO FRIENDS, I  AM A GOVT. EMPLOYEE AND ON RETIREMENT I HAVE RECEIVED SUM FOR THE COMMUTATION OF PENSION RS. 400000 AND RS 200000 AS MY LEAVE ENCASHMENT

PLS. TELL WHETHER THERE IS ANY TAX OR IT IS EXEMPTED TO GOVT. EMP