05-November-2026
Taxation
 
CBDT issues new clarification on BSNL-MTNL VRS-2019 compensation: Will it affect retirees' income tax benefits?
05-Nov-2026

In light of multiple legal cases and disputes regarding taxability of voluntary retirement scheme (VRS), the Central Board of Direct Taxes (CBDT) has issued a new notification clarifying the income tax treatment of VRS.

News Source:- https://economictimes.indiatimes.com/wealth/tax/cbdt-issues-new-clarification-on-bsnl-mtnl-vrs-2019-compensation-will-it-affect-retirees-income-tax-benefits/articleshow/135556588.cms