Query in Gratuity taxability and eligibility
This query is : Resolved
06 December 2022
Sir,
i have 2 questions.
1 )how much amount if Gratuity is tax free ?
2) My last working day in the company is near and at that tine i will have completed 10 years 5 months and 15 days . can i get gratuity for 11 years of service or do i need to extend last working day by 15 days to compelte 10 years , 6 months to get the benefit of Gratuity up to 11 years of service ?
Regards
Rajesh
i have 2 questions.
1 )how much amount if Gratuity is tax free ?
2) My last working day in the company is near and at that tine i will have completed 10 years 5 months and 15 days . can i get gratuity for 11 years of service or do i need to extend last working day by 15 days to compelte 10 years , 6 months to get the benefit of Gratuity up to 11 years of service ?
Regards
Rajesh
06 December 2022
1 20 lacs gratuity is tax free.
2 You need to complete 10 years , 6 months to get the benefit of Gratuity up to 11 years of service.
2 You need to complete 10 years , 6 months to get the benefit of Gratuity up to 11 years of service.
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