Gratuity Benefit
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Abhishek Banerjee Says Will Gherao Homes Of BJP Lawmakers Over Tea Workers' Demands
Houses of all BJP Members of Parliament (MPs) and Members of Legislative Assembly (MLAs) in West Bengal will be gheraoed if provident fund and gratuity benefits are not provided to over 3 lakh tea garden workers.
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Tax-Free Gratuity Ceiling Increased To Rs 20 Lakh
The government today notified doubling of the limit of tax-free gratuity to Rs 20 lakh in the private sector.
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Ceiling On Tax-Free Gratuity Doubled To Rs 20 Lakh: 10 Points
Employees can draw gratuity of up to Rs 20 lakh tax-free, the government said today after a proposed law empowering it to fix the amount was passed in parliament with cross-party support. The move, which doubles the tax-free cap from the existing Rs 10 lakh, will benefit millions of employees in the public and private sector companies. The Payment ...
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Tax-Free Gratuity Limit Set Go Up To Rs 20 Lakh: 5 Things To Know
Currently, a tax-free gratuity up to Rs 10 lakh is applicable to formal sector workers leaving a job after five or more years of service, or at the time of superannuation. Gratuity calculation is based on the tenure of service and last drawn salary.
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Government Mulls Tax Free Gratuity Of Up To Rs 20 Lakh, Says Report
At present formal sector workers with five or more years of service are eligible for Rs 10 lakh tax free gratuity.
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How Gratuity Is Calculated, Its Benefits, Tax-Free Limit And More
As per current rules, an employee becomes eligible to claim gratuity benefit only if he/she has rendered five years of continuous service in the organisation. Gratuity calculation can be carried out through a formula on the basis of tenure of service and last drawn salary.
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Abhishek Banerjee Says Will Gherao Homes Of BJP Lawmakers Over Tea Workers' Demands
Houses of all BJP Members of Parliament (MPs) and Members of Legislative Assembly (MLAs) in West Bengal will be gheraoed if provident fund and gratuity benefits are not provided to over 3 lakh tea garden workers.
-
Tax-Free Gratuity Ceiling Increased To Rs 20 Lakh
The government today notified doubling of the limit of tax-free gratuity to Rs 20 lakh in the private sector.
-
Ceiling On Tax-Free Gratuity Doubled To Rs 20 Lakh: 10 Points
Employees can draw gratuity of up to Rs 20 lakh tax-free, the government said today after a proposed law empowering it to fix the amount was passed in parliament with cross-party support. The move, which doubles the tax-free cap from the existing Rs 10 lakh, will benefit millions of employees in the public and private sector companies. The Payment ...
-
Tax-Free Gratuity Limit Set Go Up To Rs 20 Lakh: 5 Things To Know
Currently, a tax-free gratuity up to Rs 10 lakh is applicable to formal sector workers leaving a job after five or more years of service, or at the time of superannuation. Gratuity calculation is based on the tenure of service and last drawn salary.
-
Government Mulls Tax Free Gratuity Of Up To Rs 20 Lakh, Says Report
At present formal sector workers with five or more years of service are eligible for Rs 10 lakh tax free gratuity.
-
How Gratuity Is Calculated, Its Benefits, Tax-Free Limit And More
As per current rules, an employee becomes eligible to claim gratuity benefit only if he/she has rendered five years of continuous service in the organisation. Gratuity calculation can be carried out through a formula on the basis of tenure of service and last drawn salary.
