Sunday, February 13, 2011

Tax exemption on gratuity

The government has hiked the limits of gratuity payment from Rs 3.5 lakhs to Rs 10 lakhs. This enhanced limit is applicable to employees who retire, become incapacitated before retirement, expire or whose services were terminated on or after May 24, 2010. 
CLICK HERE FOR DETAILS/ ET NEWS

No comments:

Post a Comment