commutation on retirement

24 February 2018

1. llIs commutation received on retirement taxable or not?
2.Is pension PM Rs.36700 -14680 (commutation) =22020 taxable or 36700PM taxable?

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5 Replies

Nishant (Assistant) (1095 Points)
Replied 24 February 2018

For a government employee, commuted pension is fully exempt.For a non-government employee, it is partially exempt.

Nishant (Assistant) (1095 Points)
Replied 24 February 2018

For a government employee, commuted pension is fully exempt.For a non-government employee, it is partially exempt.

Sini Mol (13 Points)
Replied 24 February 2018

Please help me Know what is genuine hardship and 1 example for it
.

Sini Mol (13 Points)
Replied 24 February 2018

Please help me Know what is genuine hardship and 1 example for it

Sini Mol (13 Points)
Replied 24 February 2018

Please help me Know what is genuine hardship and 1 example for it.

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