Gratuity whether exempt or not
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
26 August 2015
I have received gratuity from ex employer during December 2014, where I resigned on October 2014.The amount was 150000/- Whether I will get exemption or not? Or else I have to pay tax?
26 August 2015
you can claim exemption subject to applicable rules....1/2 month's salary for every completed year of service...etc.
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