Commuted pension exemptions cover government employees, NPS withdrawals, approved pension funds, and specified gallantry recipients. Commuted pension is treated differently for government employees, non-government employees, approved pension funds, National Pension System withdrawals, and gallantry award recipients. Government commuted pension under the Civil Pensions (Commutation) Rules or similar schemes is deductible in full, while non-government commuted pension is exempt to the extent of one-third where gratuity is received and one-half where no gratuity is received. Approved pension fund receipts are deductible in full, and NPS-related payments are exempt only within specified caps and conditions, including closure, opt-out, Unified Pension Scheme payments, lump sum amounts, and partial withdrawals.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Commuted pension exemptions cover government employees, NPS withdrawals, approved pension funds, and specified gallantry recipients.
Commuted pension is treated differently for government employees, non-government employees, approved pension funds, National Pension System withdrawals, and gallantry award recipients. Government commuted pension under the Civil Pensions (Commutation) Rules or similar schemes is deductible in full, while non-government commuted pension is exempt to the extent of one-third where gratuity is received and one-half where no gratuity is received. Approved pension fund receipts are deductible in full, and NPS-related payments are exempt only within specified caps and conditions, including closure, opt-out, Unified Pension Scheme payments, lump sum amounts, and partial withdrawals.
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