FY 2025–26 / AY 2026–27
Pension tax exemption
Calculate taxable pension and commutation exemptions.
Reviewed 15 October 2026 · calculations run in your browser.
How the calculation works
Employer pension: standard deduction. Family pension: lower of one third or ₹25,000 new / ₹15,000 old. Commutation: statutory fraction of full pension value.
What you need to enter
- Pension type
- Pension received
- Tax regime
- Qualifying government / statutory pension?
- Gratuity also received?
- Percentage of full pension commuted (%)
Assumptions and limitations
FY 2025–26. Standard deduction on employer pension is shared with salary; do not claim twice. Family pension uses its own deduction. Qualifying armed-forces family pensions can have separate exemptions.
For non-government commutation, the exempt fraction is one third with gratuity or one half without gratuity; use the full commuted value reconstructed from the percentage. Government eligibility is not the same as all public-sector employment. Special exemptions require separate checks.