Dymitr Warda
Dymitr Warda voted up mudunuri satyanarayana Raju's answer
Pension is a periodical payment received by an employee after his retirement and is taxed as salary.Pension is taxable under two heads 1.Uncommuted pension Under this pension is taxable as salary you/s 15 of the Income Tax act in India in the hands of Govt as well as non govt employees 2.Commuted Pension  Read more