With reference to disability benefits provided to disabled retired military personnel consider the f...........

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With reference to disability benefits provided to disabled retired military personnel?, consider the following statements:

Disabled veterans are classified under three categories: battle casualties (war wounded), battle casualties and disabilities due to service conditions.
The entire pension and disability element of pension in all the categories is exempt from payment of income tax.
Benefits given to disabled personnel are based on the percentage of disability.

Which of the statements given above is/are correct?

1&2 only

2&3 only

1&3 only

All of the above

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Explanation:

The government has withdrawn a circular of February 20 that had directed banks to deduct income tax on pension and disability benefits provided to disabled retired military personnel. Disabled veterans are classified under three categories: battle casualties (war wounded), battle casualties and disabilities due to service conditions. Benefits given to disabled personnel are based on the percentage of disability. The amount of disability pension is based on two categories. The first rate is for battle casualties (war wounded) and battle casualties. The second rate applies to personnel with disabilities due to service conditions.Hence all the statement are correct.