Gratuity for an employee aged above 60

Gratuity can be received by the employee on the following criteria:

• The employee has to be eligible for superannuation
• The employee should have retired
• The employee must have resigned after completing 5 years with the same employer
• The employee dies or suffers with a disability caused due to an illness or accident

Refer: https://www.coverfox.com/personal-finance/tax/gratuity/

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