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AAFM Chartered Wealth Manager (CWM) Global Examination GLO_CWM_LVL_1 Question # 197 Topic 20 Discussion

AAFM Chartered Wealth Manager (CWM) Global Examination GLO_CWM_LVL_1 Question # 197 Topic 20 Discussion

GLO_CWM_LVL_1 Exam Topic 20 Question 197 Discussion:
Question #: 197
Topic #: 20

Mr Ram aged 53 years has put in 21 years of service in a PSU opts for a voluntary retirement under the company scheme. He has 5 years and 3 months of service left and his last drawn salary is Rs 18,000. He received Rs 10,00,000 as compensation. What would be the taxable part of this receipt?


A.

Rs 5,00,000


B.

Rs 6,00,000


C.

Rs 1,34,000


D.

NIL


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