Courtesy:C H Mahadevan
UNION BANK RETIRED EMPLOYEES' ASSOCIATION
UNION BANK RETIRED EMPLOYEES' ASSOCIATION
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Date : 26th March,'15
To
All the regular recipients of our Association's e-mails,
Retirements Benefits - Income Tax Exemptions
Some of the new retired / retiring employees might be seeking your
guidance for provisions of income tax exemptions on various types of
retirement benefits.
In this context, we forward herewith an e-mail sent to us by Shri
P.C.Desai, Vice President of our Association from Vadodara (Gujarat). It
contains precise 'Note' on various provisions exempting these incomes.
-B.G.Raithatha,
General Secretary
Taxability of Retirement Benefits