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Are pension benefits received under the Employees' Provident Fund Scheme (EPS) taxable in India?
Are pension benefits received under the Employees' Provident Fund Scheme (EPS) taxable in India?
Yes, pension benefits received under the Employees’ Provident Fund Scheme (EPS) are taxable in India. The taxation of pension income depends on factors such as the amount received, the individual’s tax slab, and any applicable exemptions or deductions.