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Tax-free gratuity News

Payment of Gratuity

07 Mar 2019

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.

Payment of Gratuity

30 Mar 2018

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.

Payment of Gratuity

22 Mar 2018

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.

Payment of Gratuity

16 Mar 2018

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.

Payment of Gratuity

23 Jan 2018

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.

15 Mar 2017

Cabinet nod likely to double gratuity cap to Rs 20 lakh

The proposed amendment is being brought to bring the maximum ceiling amount to Rs 20 lakh in line with the 7th Central Pay Commission's recommendations as accepted by the government.

23 Feb 2017

Gratuity ceiling for private sector employees to be raised to Rs 20 lakh

Formal sector workers may soon be eligible for up to Rs 20 lakh tax-free gratuity as central trade unions have agreed on the proposal in a tripartite consultation with the Labour Ministry.

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