pension tax - eircicai

Pension income tax in India 2026 - salary rules, commuted pension exemption and family pension deduction guide

Pension Income Tax in India (2026): Salary Rules, Commuted Pension Exemption & Family Pension

31/10/2026 by Rohan Mehta

Your pension is taxed as salary, commuted pension is partly or fully tax-free, and family pension gets its own deduction. The 2026 rules, limits, and worked examples, explained simply.

NPS tax benefits featured image: Rs 50,000 extra deduction under Section 80CCD(1B)

NPS Tax Benefits in 2026: 80CCD Deductions, ₹50,000 Extra Limit and New Section Numbers

19/10/202618/10/2026 by Neha Iyer

NPS gives up to ₹2 lakh deduction in the old regime — ₹1.5 lakh within the 80C ceiling plus an extra ₹50,000 under 80CCD(1B). Employer contributions add more. Here’s how 80CCD works in 2026.