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Friday, 13 July 2018

Clarification regarding recovery of income tax from pension?

Indian Military Veterans



If you fall in the Income Tax bracket, your PDA will intimate the total tax payable and recover the same in equal monthly installments. 

It is your duty to provide proof of savings to the PDA for calculation of income tax. Please also provide your PAN number to the PDA.

The following categories of pensioners are exempt from Income Tax :

 (a) Disability pensioners (whole of service element and disability element is exempt from tax)

(b) Pensioners in receipt of Liberalised Family pension.

 (c) Gallantry award winners.


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