Gratuity
This query is : Resolved
30 April 2014
respected sir/mem ,
please reply me urgent ,
gratuity act applicable on a company ....
compnay paid gratuity to his employee for one year service
gratuity is taxable in hand of employee.
right /wrong
please reply me urgent ,
gratuity act applicable on a company ....
compnay paid gratuity to his employee for one year service
gratuity is taxable in hand of employee.
right /wrong
30 April 2014
gratuity will payable after completion of 5 year of service.
and it will payable on babis on last Basis salary for fifteen days salary nfor each complete year of service or more than 6 month of service year.
and exempt for employee
least of following;
1. 15 days salary last basis salary/26*15*year of service.
2.AMOUNT RECEIVED
3.RS. 10,00,000-00
and it will payable on babis on last Basis salary for fifteen days salary nfor each complete year of service or more than 6 month of service year.
and exempt for employee
least of following;
1. 15 days salary last basis salary/26*15*year of service.
2.AMOUNT RECEIVED
3.RS. 10,00,000-00
30 April 2014
sir i know gratuity is payble after 5 year contineus service complitation ..........
but company pay a person gratuity after 1 year service ...........
exempted in person hand or taxable
but company pay a person gratuity after 1 year service ...........
exempted in person hand or taxable
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