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BSNL, MTNL VRS-2019: CBDT caps tax exemption at Rs 5 lakh for retirees

11/6/2026, 9:02:50 AM

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BSNL, MTNL VRS-2019: CBDT caps tax exemption at Rs 5 lakh for retirees — Photo / Coverage: Business Standard - LatestCredit: Amit Kumar

EXECUTIVE SUMMARY

Employees who took voluntary retirement from the state-run telecom under a 2019 scheme cannot claim higher exemption available on retrenchment compensation

Key Takeaways

BSNL, MTNL VRS-2019: CBDT caps tax exemption at Rs 5 lakh for retirees.

Employees who took voluntary retirement from the state-run telecom under a 2019 scheme cannot claim higher exemption available on retrenchment compensation

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