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Clarification retrenchment compensation and voluntary compensation
Deduction allowed
Replies (1)
Deduction will be lower of the following amounts under sec 10(10B)
a) Actual Amount Received
b) Rs. 500000
c) 15 days Avg. pay for each completed year of continuous service
a) Actual Amount Received
b) Rs. 500000
c) 15 days Avg. pay for each completed year of continuous service
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