if employee retired After 01/04/23can we consider exemption of Gratuity & leave encashment in new r regime FY 23-24
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Quick Summary
This discussion clarifies whether gratuity and leave encashment can be considered exempt under the new tax regime for employees who retired after April 1st, 2023. The answer is yes, provided that the Income Tax Return (ITR) for Assessment Year 2024-25 is filed under the new regime.