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Income Tax Exemption under Section 10(18) of Income Tax Act, 1961

 

Eligible Assessee

Any eligible Central or State Government employee

 

 

 

Nature of Income

Pension or family pension received by the family member as the case may be

 

Amount Exempt

Entire amount

 

Conditions laid down for Tax Exemption
The eligible employee has been awarded Param Vir Chakra, or Maha Vir Chakra, or Vir Chakra or any other notified gallantry awards by Central Government

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