ALL INDIA RMS AND MMS EMPLOYEES UNION MAILGUARDS & MULTI TASKING STAFF GROUP 'C': Income Tax exemption limit for gratuity enhanced to Rs.10 lakh

37th All India Conference of All India RMS & MMS Employees union, Mailguards and Multi Tasking Staff Group’C’ was held from 25th to 27th May 2022 The following office –bearers were elected unanimously for the next session. President Com.. S.N.Jadhav MTS Mumbai Air Mail Sorting Division- ( Maharastra) Vice-President 1 Com.. B.Paranthaman MTS Chennai Sorting Division ( Tamilnadu) Vice-President 2 Com. R.N.Mahanty MG RMS BG Division Bharampur (Odisha) Vice-President 3 Com. B.J.Chouan MTS RMS W Vadadora (Gujarat) General Secretary Com.. K.Mukatar Ahmed MG RMS Z Division (Telangana) Assistant General 1 Com. Naveen Kumar MTS Delhi Sorting Division ( Delhi) Secretaries. 2 Com. R.S.Suresh Kumar MG RMS TV Division Trivandrum (Kerala) 3 Com Saket Behari Gupta MG RMS O Division Lucknow (Uttar Pradesh) 4 Com. Laxminaryana MTS Benguluru Sorting Division (Karnataka) 5 Com. T.Kannaiah MG RMS TP Division Tirupathi (Andhra Pradesh) 6 Com. Elumalai MTS Chennai APSO Division (Tamilnadu) 7 Com. Vittal Abinave MTS RMS B Division Pune ( Maharastra) 8 Com. Tarun Kumar Panja MTS RMS WB Division Howrah ( West Bengal) 9 Com. Abdul Khadeer SS MMS Hyderabad Division ( Telangana) Treasurer Com. Ramesh Chand MTS Airmail Sorting Division (Delhi) Federal Councillors 1 Com. Raju Chakraborty (Assam) 11. Com. G.N.Anantha Ramu ( Karnataka) 2 Com. LelaDhar Pandey (Chattisgarh 12. Com A.K.Singh (Delhi) 3 Com Ragavendra Paswan (Bihar) 13. Com P.Sathaiah (Telangana) 4 Com. Ravi Kumar (Punjab) 14. Com P.P..Radha Krishna (Kerala) 5 Com. Rohit Saini (Haryana) 15 .Com R.K.Mahanti (Maharastra) 6 Com. Ashik Ansari (Jharkhand) 7 Com Ravi Kumar (Tamilnadu) 8 Com.Rahut Chougad (Madhya Pradesh) 9 Com. Rahul Sharma (Rajasthan) 10 Com. G,S,Sastry (Telangana)

Saturday, June 12, 2010

Income Tax exemption limit for gratuity enhanced to Rs.10 lakh - Central Board of Direct Taxes approved

Income Tax exemption limit for gratuity enhanced to Rs.10 lakh - Central Board of Direct Taxes approved
The government enhanced the income tax exemption limit for gratuity from Rs.3.5 lakh to Rs.10 lakh w.e.f. May 24, 2010.
The Central Board of Direct Taxes has approved notification of ten lakh rupees as the maximum amount of gratuity entitled to exemption under sub-clause (iii) of clause (10) of section 10 of the Income Tax Act 1961.
The notification will be applicable to employees who retire, or become incapacitated before retirement, or expire, or whose services are terminated, on or after the 24th May 2010.