Posts in tag

tax exemption


[ad_1] The government withdrew a February 20 circular directing banks to deduct retirement and disability benefits paid to retired military personnel with disabilities from income tax. This was based on a letter dated June 24, 2019, by which income tax was levied. Although the letter provided for an exemption for those disabled from service due …

[ad_1] A former commander-in-chief general officer of Western Command, Lt. Gen. Surinder Singh (retired), has advocated the withdrawal of the income tax exemption for disability pension recipients, claiming that all Army commanders, of which he was a part at the time, had been of the unanimous opinion that some tough measures were needed to stem …

[ad_1] NEW DELHI : The Defense Ministry ordered the Defense Accounts Department to withdraw a circular ordering banks to deduct income tax from retirees affected by disabilities. The case had been a sensitive point with retirees as well as other members of the armed forces and represents a step back from a decision taken last …

[ad_1] The directive comes after a circular against the tax exemption of invalidity pensions for veterans The Defense Ministry on Tuesday ordered the Chief Defense Controller (PCDA) to stop deducting tax on veterans’ disability pensions and to withdraw the disputed circular issued to that effect. “In view of the instructions of the Supreme Court, PCDA …

[ad_1] Sources told India Today officers have been particularly affected because jawans do not receive disability benefits like them, although both may have very similar disabilities. Last year, the Center clarified that disability pensions for all armed forces, regardless of rank, would continue to be exempt from income tax. (Image for representation: Reuters) The government …

[ad_1] By Ayaskant Das New Delhi, Nov. 6 (SocialNews.XYZ) A debate has erupted over the criteria for disability to qualify for “disability pension” by armed forces personnel due to comments from the Army Adjutant General, Lieutenant General Ashwani Kumar, who retired on October 31. According to Lt. Gen. (rtd) Kumar, “lifestyle-related illnesses” should not be …

[ad_1] Senior military officers must produce a medical report from a command hospital to certify their disability pension claim, a three-service panel recommended to the Defense Ministry as part of measures to limit cases “unjustified” demands for the pension. A senior defense ministry official, who declined to be named, said the proposal was approved by …

[ad_1] The office of Finance Minister Nirmala Sitharaman on Wednesday released an army statement that disability pensions for armed forces personnel have been taxed due to the increase in the number of people seeking disability, even for diseases related to lifestyle, and that this has led to the operation of the mechanism in place. The …