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Pf and gratuity - free from taxing

Tax queries 437 views 3 replies

Hi,

 

I believe both gratuity and PF are tax-free. They are for the employment spanning more than 12 years in a private software firm. Please confirm. If yes, I would declare along with incomes like dividends.

 

Regards,

Harsha

 

 

 

Replies (3)

Are u talking about PF & gratuity recd after retirement? Dint get ur question.
Pls clarify.

 

Akshataji, sorry for the confusion.

It is not exactly retirement due to age. I have resigned and got my PF. Also in our salary, there was a component gratuity. I have received that too

Regards,

Harsha

 

Gratuity recd during job (including resignation) is taxable.


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