# Pension, FD interest, rent taxable even after retirement

2026-08-13T06:55:10+00:00 | Governance | Indian Opinion Desk

Corroboration: 1 independent outlet

Many retirees assume their tax liability ends with their salary. The Economic Times reports that monthly pension, interest from savings accounts, FDs, post office deposits, and the Senior Citizens' Savings Scheme remain taxable. Rental income after the standard 30% deduction, capital gains from shares, mutual funds, and property, dividends, and annuity from insurance companies are also fully taxable. Even interest accrued on cumulative FDs and interest on income-tax refunds must be reported. Submitting Form 15H only prevents TDS, not exempts income, you must still file ITR if your total income exceeds the taxable threshold (Rs 12 lakh under new regime, Rs 5 lakh under old) or to claim the Section 87A rebate.

## Coverage

- economictimes.indiatimes.com <https://economictimes.indiatimes.com/wealth/tax/income-tax-for-senior-citizens-no-salary-after-retirement-these-7-incomes-can-still-attract-tax-know-what-is-exempt/articleshow/133198183.cms>

Tags: financial planning, Income tax, pension, retirement, taxation
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