Q. When an employee receives money on closure of national pension system trust it is (Solved)
1. chargeable to tax
2. exempt from tax
3. 40% is exempt from tax
4. 60% is exempt from tax
- c. 40% is exempt from tax
1. chargeable to tax
2. exempt from tax
3. 40% is exempt from tax
4. 60% is exempt from tax