Menu
Gratuity...
Can anyone plz tell me what is the maximum amount of gratuity payable to an employee?..................
Replies (5)
There is no such restriction on amount of gratuity,
The limit of 3,50,000 is maximum exemption limit,within which no tax has to be paid(Subject to certain Conditions,as given in income tax Act,and also now the amount of 350000 is increased to 1000000,but not applicable for Nov.10 exam).
yes nakul is correct
Yes its correct you can see my fouem massage posted today
Abhay
| Originally posted by : Nukul Garg | ||
 |
There is no such restriction on amount of gratuity, The limit of 3,50,000 is maximum exemption limit,within which no tax has to be paid(Subject to certain Conditions,as given in income tax Act,and also now the amount of 350000 is increased to 1000000,but not applicable for Nov.10 exam). |
 |
Recent Threads
- Loan from NRI to OCI card holder
- Buy back of capital goods
- Foreign professional income.
- RCM Paid by NBFC
- TDS not deposited by the deductor
- Electricity bill check online – need guidanc
- Assessmet Procedure us 147
- My deduction under 80 g is wrong and I should have
- GST utility 3.2.3 json not generating
- SCh FA declaration - guidance on the filling of th
Related Threads
CAclubindia
