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GRATUITY EXEMPTION LIMIT FOR FY. 2024-25

This query is : Resolved 

04 October 2024 From FY 2024-25 Gratuity Maximum limit has been increased upto 25 lakh from 20 lakh. So i want to know whether exemption limit in income tax still 20 lakh or it is increased.

04 October 2024 This enhancement will be effective from 1st January 2024.
Refer Press note:: https://pib.gov.in/PressReleaseIframePage.aspx?PRID=2022470

11 October 2024 Good luck ....


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