The new governement is going to propose in the budget that the principal amount received back from a pension fund be tax free and only the interest be charged to tax
Radheyshyam Falod (CA) (416 Points)
09 June 2009The new governement is going to propose in the budget that the principal amount received back from a pension fund be tax free and only the interest be charged to tax
Aditya Maheshwari
(CA in Practice)
(35867 Points)
Replied 11 June 2009
If this happens this will surely reduce the tax burden in future.