Gratuity

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Querist : Anonymous

Querist : Anonymous (Querist)

11 April 2014 retirement get a rs : 1900000/-

how mant pay a income tax on gratuity

Rupesh Jain

Rupesh Jain (Expert)
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12 April 2014 you have not mention the employee of govt /private co.

if you are employee of govt then all amount exempt

other wise

1)Rs. 1000000/- ten lcas
2)15 days salary of every complete year of service or year in which exceeds 6 month
3)amount recd.

which ever is less
will be exempt.

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