About Exgratia bonus

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This query is : Resolved

bhavani P (Querist)

16 March 2026 Dear sir/ madam...
1.my pay slip does not contain Ex gratia payments and Employer PF and Employee gratuity contributions, but my Annual salary statement has these elements...now i'm calculating tax under new regime, i have to take all these elements into tax calculation or leave all the three or to take what element...
2.If my income is above Rs.12,00,000 after standard deduction, i have to take rebate of 60k and pay balance amount of tax or total tax to be payable.. please help me...

Aashok Kumar Sharma

Aashok Kumar Sharma

(Expert)

17 March 2026 For your tax calculation, add Ex-gratia to your taxable income, but leave out the Employer PF (up to 12%) and Gratuity contributions. Under the new tax regime, the Rs. 60,000 rebate is only available if your income is up to Rs. 12,00,000. If your income exceeds this, you lose the rebate entirely and must pay the total calculated tax, though "Marginal Relief" will cap your tax liability if your income is between Rs. 12 Lakhs and Rs. 12.75 Lakhs.

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