FOR AN EMPLOYEE WHO HAS RETIRED FROM A PUBLIC LIMITED COMPANY, EPFO IS GIVING MONTHLY PENSION. SINCE IT IS PAID OUT OF HIS OWN CONTRIBUTION DURING HIS SERVICE, IS IT TAXABLE OR EXEMPTED.
Ganesan B (EXECUTIVE IN NBFC) (100 Points)
10 August 2021FOR AN EMPLOYEE WHO HAS RETIRED FROM A PUBLIC LIMITED COMPANY, EPFO IS GIVING MONTHLY PENSION. SINCE IT IS PAID OUT OF HIS OWN CONTRIBUTION DURING HIS SERVICE, IS IT TAXABLE OR EXEMPTED.