Higher EPS Pension: More Money, But What About Tax? ⚠️ With EPFO allowing higher pension under EPS, many employees are excited about increased retirement income. But there’s an important question to ask 👇 Will this higher pension be taxed? 📌 Key points to understand: ▪ Lump-sum withdrawal and pension have different tax treatments ▪ Commutation, arrears, and monthly pension may attract tax as per rules ▪ Wrong assumptions today can lead to tax shock after retirement ▪ Proper planning is essenti
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