Pension under epf after retirement

jvratnam (Others) (109 Points)

11 July 2017  

Employees provident fund organisation ( Govt. of India) gives pension monthly as per the contribution made  and length of service  in the scheme, which is mandatory. Whether this pension is taxable and if so , can we claim any standard deduction on the pension amount received , while declaring the taxable income in ITR or is it tax free. EPFO  help desk could not clarify.

 

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