Income tax exemption for gratuity enhanced up to Rs 20 lakh
The Payment of Gratuity Act, 1972 applies to establishments employing 10 or more persons.
Mar 07, 2019, 17:35 PM IST
Government notifies doubling of limit of tax-free gratuity to Rs 20 lakh
The Payment of Gratuity Act, 1972 applies to establishments employing 10 or more persons.
Mar 30, 2018, 15:05 PM IST
7th Pay Commission: Parliament passes Bill to double tax-free gratuity to Rs 20 lakh
The legislation will enable the government to enhance the ceiling of tax free gratuity to Rs 20 lakh from the existing Rs 10 lakh for employees falling under the Payment of Gratuity Act.
Mar 22, 2018, 13:22 PM IST
Gratuity up to Rs 20 lakh to become tax-free soon: All you need to know
Now, the bill will go to the Upper House for consideration and passage.
Mar 16, 2018, 18:39 PM IST
Gratuity up to Rs 20 lakh may become tax-free soon
The government wants to increase the limit of tax-free gratuity from Rs 10 lakh to Rs 20 lakh for workers in the organised sector.
Jan 23, 2018, 15:24 PM IST
