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Payment of Gratuity

Income tax exemption for gratuity enhanced up to Rs 20 lakh

The Payment of Gratuity Act, 1972 applies to establishments employing 10 or more persons. 

Mar 07, 2019, 17:35 PM IST

Government notifies doubling of limit of tax-free gratuity to Rs 20 lakh

The Payment of Gratuity Act, 1972 applies to establishments employing 10 or more persons.

Mar 30, 2018, 15:05 PM IST

7th Pay Commission: Parliament passes Bill to double tax-free gratuity to Rs 20 lakh

The legislation will enable the government to enhance the ceiling of tax free gratuity to Rs 20 lakh from the existing Rs 10 lakh for employees falling under the Payment of Gratuity Act.

Mar 22, 2018, 13:22 PM IST

Gratuity up to Rs 20 lakh to become tax-free soon: All you need to know

Now, the bill will go to the Upper House for consideration and passage.

Mar 16, 2018, 18:39 PM IST

Gratuity up to Rs 20 lakh may become tax-free soon

The government wants to increase the limit of tax-free gratuity from Rs 10 lakh to Rs 20 lakh for workers in the organised sector.

Jan 23, 2018, 15:24 PM IST