Ex-gratia

How is ex-gratia calculated? Is there any act governing ex-gratia payments? Is there any maximum limit for payment of ex-gratia? Is it an allowable expense for IT (or is there any limit in IT)?
Replies (2)

Dear Arjun,

as per my KBA exgratia is an additional payment made by employer to employee & that is not covered by any specific law, but only on the discreation of the employer such payments r made.

Thanks

Debashis

Thanks Debashis

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