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What is the Gratuity limit? is it 10 Lacs or 20 Lacs?


koppunoor
6
Please reply if 20 Lacs is implemented then from which date??
From India, Hyderabad
Prashant B Ingawale
467
As of now the limit is 10 lakh only which is tax free under IT Act . But you can pay beyond 10 lakh which will be taxable as per IT Act.
From India, Pune
magesh-kuppuswami
Is there any revision in gratuity ceiling from 10 lakhs to 20 lakhs. If it so, kindly send me the GO for that K. Magesh Chennai
From India, Chennai
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From: India, Hyderabad
Views: 920 Replies: 2 Appreciations: 2
28 December 2017 08.11.20 AM
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