The Tax-free Gratuity
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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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Gratuity Bill Passed By Parliament: All You Need To Know
The Gratuity Bill, that empowers the government to fix the amount of tax free gratuity with an executive order, has been passed by Parliament on Thursday. The bill allows raising the upper limit of payment of tax-free gratuity from Rs 10 lakh to Rs 20 lakh
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Ceiling On Tax-Free Gratuity Doubled To Rs 20 Lakh
Parliament today passed a key bill that will empower the government to fix the amount of tax free gratuity and the period of maternity leave with an executive order.
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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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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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Tax-Free Gratuity Limit Set To Double For Private Sector Employees: 10 Points
The government will introduce Payment of Gratuity (Amendment) Bill, 2017 in the Parliament.
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Gratuity Rules Likely To Change Soon. What It Means For You
The Gratuity Amendment Bill seeks to make formal sector workers eligible for up to Rs 20 lakh tax-free gratuity.
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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.
-
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 ...
-
Gratuity Bill Passed By Parliament: All You Need To Know
The Gratuity Bill, that empowers the government to fix the amount of tax free gratuity with an executive order, has been passed by Parliament on Thursday. The bill allows raising the upper limit of payment of tax-free gratuity from Rs 10 lakh to Rs 20 lakh
-
Ceiling On Tax-Free Gratuity Doubled To Rs 20 Lakh
Parliament today passed a key bill that will empower the government to fix the amount of tax free gratuity and the period of maternity leave with an executive order.
-
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.
-
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.
-
Tax-Free Gratuity Limit Set To Double For Private Sector Employees: 10 Points
The government will introduce Payment of Gratuity (Amendment) Bill, 2017 in the Parliament.
-
Gratuity Rules Likely To Change Soon. What It Means For You
The Gratuity Amendment Bill seeks to make formal sector workers eligible for up to Rs 20 lakh tax-free gratuity.
