Before March 31, all retirees who are receiving a pension from the Senior Treasury Officer and are eligible for a 1-T deduction should submit an application to the aforementioned office for the TDS to be taken from their pension.
TDS will be deducted in 12 equal instalments from their pay.
The application must include the name of the bank, the name of the bank branch, and a photocopy of the PAN card.
The financial year 2021-22 will end on March 31, and the pension for March would be granted by April 5 upon receipt of the grant through the respective bank, according to a press note issued today by senior treasury officer Gajanan Hirulkar.
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