Asseesee is state government employee. He retired during FY 19-20. At time of retirement he received GPF ₹ 5,92,682.
my question is that GPF is taxable or not. Please explain
As per my knowledge GPF IS not taxable
2 Replies
Balamurali Unnithan MS
(STUDENT)
(1631 Points)
Replied 28 December 2020
Its taxed and also deductable , so effect is nil
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