Exgratia
Querist : Anonymous
1. what is meant by exgratia?
2. how is it calculated?
3. Pls give an example.
4. is it calc on salary(standard monthly) or on actual salary based on no. of days worked?
thanks in advance
Generally at the time of festival or marraige of employee, the employer give some amount to employee as an exgratia.
There is no calculation. It depends on the whimps of the employer it can be any amount it may also vary from one employee to another employee.
It is taxable in the hands of the employee.
Querist : Anonymous
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