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how to deduct tds on pension with examples

Answers were Sorted based on User's Feedback



how to deduct tds on pension with examples..

Answer / maya

If the pension exceeds Rs 200,000/- pa , tds will be deducted @10% [same as salary]

Is This Answer Correct ?    11 Yes 3 No

how to deduct tds on pension with examples..

Answer / sakkir

yes

Is This Answer Correct ?    2 Yes 1 No

how to deduct tds on pension with examples..

Answer / aparna baradkar

income up to 2.5 lakhs no tax will be deducted

Is This Answer Correct ?    3 Yes 2 No

how to deduct tds on pension with examples..

Answer / vishal goel

If pension exceed the maximum exemption limit after permissible chapter VI A deductions & / or Relief u/s 89, then banks & other persons responsible for payment are duty bound to deduct tax at source.
Amount will be chargeable as per Income tax slab rate..

Is This Answer Correct ?    0 Yes 0 No

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