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No more partial treatment to pensioners when it comes to commutation of pension in the New Income Tax Bill, 2025

Good news for pensioners as the Lok Sabha Select Committee identified a gap in the tax treatment of commuted pension for different types of recipients and thus recommended fixing it in the Direct ...
SMSF Adviser

Three ways to pay pensions when winding up an SMSF

Issues with pension members can be quite complex [when winding up an SMSF],” Johnston said. “The first method is relatively ...
The Financial Express

Pension restoration after 15 years: Government addresses a key issue raised by these pensioners

The government has informed that issues related to delayed restoration of commuted pension for thousands of defence pensioners due to missing or mismatched records on the SPARSH pension portal are ...
Pensions Expert

Rexam reduces membership through commutation exercise

The Rexam Pension Plan has carried out a trivial commutation exercise, contributing towards a reduction in total membership as defined benefit schemes are trying to reduce costs. Trivial commutation ...