Tax on gratuity payment
This query is : Resolved
ATANU BANERJEE
(Querist)
01 November 2016
Hello,
Should an employer deduct TDS when gratuity is been paid to an employee at the time of his retirement. Should employer include the gratuity figure as a part of salary when calculating the full & final settlement?
Should an employer deduct TDS when gratuity is been paid to an employee at the time of his retirement. Should employer include the gratuity figure as a part of salary when calculating the full & final settlement?
Amol S Joglekar
(Expert)
01 November 2016
yes. The part of Gratuity exempt should be shown separately. The part of gratuity which is taxable is subject to TDS
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