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IT- Exemptions

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Indian Military Veterans

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Indian Military Veterans

Income Tax for Pensioners on Pension Amount

 What is Pension?

Pension is described in Section 60 and Section 11 of the Pension Act as a periodical allowance or stipend granted on account of past service, particular merits, etc.
It involves three essential features, firstly, pension is a compensation for the past service, secondly, it owes its relationship to a past employer-employee relationship or master servant relationship. Lastly, it is paid on the basis of earlier relationship or agreement of services as opposed to an agreement for ongoing service.
Pension received from a former employer is taxable as salary. As such the relevant provisions of TDS as specified in Section 192 and other relevant provisions are also applicable to pension income and tax is deductible on the same, as in the case of payment of salary.


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One Rank One Pension: Orders issued on various matters

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Indian Military Veterans

One Rank One Pension: Orders issued on various matters



Sl. No.Short Description of Order
MoD Order
Pr CDA (Pen) Order
1.Minimum Guaranteed pension to pre-2006 Commissioned Officers pensioners/family pensionersNo1 (11)/2012-D(Pen/Policy) dated 17.01.2013 [Click here]Circular No. 500 dated 17.01.2013 [Click here]

Circular No - 511 dated: 18.04.2013
2.Revision of enhanced rate of Ordinary Family pensionin respect of pre2006 Armed Forces family pensionersNo 2(1)/2012-D(Pen/Policy) dated 16.01.2013 [Click here]Circular No. 494 dated 19.03.2013 [click here]
3.Grant of dual Family pension from Military as well as Civil employmentNo. 1(05)/2010-D (Pen/Policy) dated 17.01.2013 [Click here]Circular No. 504 dated 17.01.2013 [Click here]

Circular No. 15 Dated: 04.03.2013 [Click here]

Circular No. 513 dated 19.07.2013 [click here]

Clarification Circular No. 514 [click here]
4.Improvement in pension of JCO/OR retired/ discharged/ invalided out of service prior to 1.1.2006No.1(13)/2012-D(Pen/Policy) dated 17.01.2013 [Click here]Circular No.501 dated 17.01.2013 [Click here]

Circular No.509 dated 16.04.2013 [Click here]
5.Enhancement of Ordinary Family pension in respect of pre-2006 JCO/OR family pensionersNo. 1(14)/2012-D (Pen/Pol) dated 17.01.2013 [Click here]Circular No. 502 dated 17.01.2013 [Click here]

Circular No. 510 dated 16.04.2013 [Click here]
6.Pension/Family pension of PBOR discharged from service on or after 01.01.2006No 1(15)/2012-D (Pen/Policy) dated 17.01.2013 [Click here]Circular 506 dated 18.01.2013 [Click here]
7.Improvement in Casualty Pensionary awards for pre-2006 Armed Forces Officers and JCO/ORs and equivalentNo. 1(16)2012/D (Pen/Policy) dated 17.01.2013 [Click here]Circular No. 503 dated 17.01.2013 [Click here][Amended Table-1]
8.Grant of family pension for life to handicapped children of Armed Forces PersonnelNo.02(03)/2010-D(Pen/policy) dated 17.01.2013 [Click here]Circular No. 505 dated 17.01.2013 [Click here]
9.Revision of provisions regulating Casualty Pensionary awards for post-2006 JCO/ORNo. 1(17)/2012/D (Pen/Policy) dated 17.01.2013 [Click here]Circular No. 507 dated 18.01.2013 [Click here]
10.Amendment Table 1 - Improvement in Casualty Pensionary awards for pre-2006 Armed Forces Officers and JCO/ORs and equivalentCircular No. 508 dated 19.02.2013 [Click here]
11. Dual family pension continuance of family pension to mentally/physically disabled children after their marriage and withholding of 10% gratuity
Circular No. 106 dated 18.03.2013 [Click here]

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Important News for Pensioners

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Indian Military Veterans

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Seventh Central Pay Commission:

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Indian Newspapers

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Indian Military Veterans

Indian Newspapers

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Pensioners of other departments too may follow a similar line of action.

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CSD PRICE LIST

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