https://www.taxtmi.com/manuals?id=875 Commuted pension is exempt for specified Government and non-Government employees, with the exemption depending on the source of pension, the nature of the scheme, and, for non-Government employees, whether gratuity is received with pension. Receipts from approved pension funds and specified National Pension System and Unified Pension Scheme payments are exempt only within prescribed conditions and monetary limits, including closure, opting out, superannuation, partial withdrawal, and notified lump sum payments. Gallantry award recipients and their family pension receive separate exemption treatment, while uncommuted pension and excess commuted pension remain taxable. en-us Fri, 07 Aug 2015 14:50:00 +0530 Tue, 14 Apr 2026 14:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=875 Commuted pension is exempt for specified Government and non-Government employees, with the exemption depending on the source of pension, the nature of the scheme, and, for non-Government employees, whether gratuity is received with pension. Receipts from approved pension funds and specified National Pension System and Unified Pension Scheme payments are exempt only within prescribed conditions and monetary limits, including closure, opting out, superannuation, partial withdrawal, and notified lump sum payments. Gallantry award recipients and their family pension receive separate exemption treatment, while uncommuted pension and excess commuted pension remain taxable. Manuals Income Tax Fri, 07 Aug 2015 14:50:00 +0530 https://www.taxtmi.com/manuals?id=875