maximum limit of gratuity

645 views 7 replies
maximum limit of gratuity for ay 2018-19
Replies (7)

maximum   limit 10 lakh

maximum   limit 10 lakh

increased to 20 lakh

https://pib.nic.in/newsite/PrintRelease.aspx?relid=178218

20 lacs...and more will be taxable income for you

yea.. its changed to 20 lakhs

The Payment of Gratuity (Amendment) Bill, 2018 has been passed by Lok Sabha on 15th March, 2018 and by the Rajya Sabha on 22nd March, 2018, has been brought in force on 29th March, 2018 it is applicable for next Assessement Year 

Currently it is 10 lakhs (FOR AY 2018-2019)   

Is it correct 


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register