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Q. |
Pension received by an employee of the central or state government who has been awarded “Param Vir Chakra” _____________ |
A. | Is taxable as income from salary |
B. | Is exempt from tax |
C. | Is taxed after deducting Rs.15,000 or 1/3 whichever is lower |
D. | Is taxable as income from other sources |
Answer» B. Is exempt from tax |
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